Services - Auto Repair, Parts & Svcs | Retail - Miscellaneous Retail

Asking Price	$2,500,000	Inventory	$24,337**
Gross Income	$2,098,710	Real Estate	$1,950,000*
Cash Flow	$311,933	Year Established	1954
FF&E	$575,000*	Employees	11

* included in the asking price

** not included in the asking price

Great business for sale

This 54 year-old family-owned business has a well-deserved reputation for quality service, certified technicians, reliable branded parts, high tech equipment and, most importantly, honesty and integrity. These characteristics as well as a relative lack of nearby competition in its high income market have resulted in annual sales consistently above $2,000,000 and a solid bottom line that could be improved. Pro-forma industry ratios at this level of revenues shows potential for $367,000 owner earnings. The Company is an authorized NAPA Autocare Center, and while offering some sixteen different tire lines, the bulk of its tire sales are under dealership agreements with the Michelin, BF Goodrich and Uniroyal brands. While tires are the company s mainstay, a full-range of automotive and electrical services are offered and backed by the best automotive equipment available and the highest levels of technician training. This well-established business offers a buyer the opportunity to own and operate a solid family business while awaiting significant appreciation through its uniquely located real estate.

Facilities: .64 acres on one of the most prestigious, high income areas of the city. 226 ft frontage and 125 ft depth making it one of the best properties in the area. Zoned CG/General Commercial with Future Land Use of Commercial Multi-unit 35. Could accomodate 4 stories with 35 units. Retail, office or residential all possible. Surrounded by million dollar condos and residential. Current automotive facility 7,244 SF.

Competition: Almost no competition in the immediate area.

Growth/Expansion: Growth available through additional services and corporate accounts.

Support/Training: Transition with buyer for 60 days at no cost.

Reason Selling: Retirement