25 Year Established Tire Dealer and Automotive Center

Palm Beach County, FL

Seller Financing Available
25 Year Established Tire Dealer and Automotive Center
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Asking Price: Get Financing: $1,100,000

Cash Flow: $257,810

Gross Revenue: $1,896,528

EBITDA: N/A

FF&E: $230,000

Inventory: $200,000

Real Estate: N/A

Established: 1993

25 Year Established Tire Dealer and Automotive Center

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Business Description

25 Year Established Free Standing Tire Dealer and Automotive Center in Palm Beach County. Seller owns building and will give a long-term lease. They sell new and used Tires along with other general auto services. Two managers that are capable of running the business. 12 employees on W2. Price includes 200k in inventory. SBA Lender prequalified with only 114,000 down payment. Clean books and records. This business may qualify for a L1 and E2 Visas

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
6,200
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6200 sq ft - stand alone bldg
Financing:
Loan/SBA: 986,000 @7.0% for 120 months; 114,000,000 down.
Support & Training:
2 weeks at no cost
Reason for Selling:
Retirement
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(from currently available funds)
 
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JM de los Rios

Business Listed By:
JM de los Rios

Amerivest Group

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Sponsoring Broker:
Frank Rubin

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