3 High Volume Big O Tires Franchise Locations

Kearney, NE (Buffalo County)

3 High Volume Big O Tires Franchise Locations
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Asking Price: $3,100,000

Cash Flow: $850,000

Gross Revenue: $7,600,000

EBITDA: $850,000

FF&E: $390,000

Inventory: $325,000*

Established: 2003

*not included in asking price.

3 High Volume Big O Tires Franchise Locations

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Business Description

Three very successful and well-established Big O Tires franchised Automobile Centers, all fully staffed and managed, specializing in Tires, Brakes and Oil.

Locations include Grand Island North, Grand Island South, and Kearney. Seller might sell real estate as well.

These stores are regularly recognized as the best in the franchise brand. The owner can run them absentee at this time because he poured his heart and soul into making them the best of the best over the last 15 years. The owner will assist with training a new owner.
- 90% of the driving public recognizes this brand
- Above standards customer invoice
- National vendor accounts fully in place
- Professionally trained staff / low turnover
- High traffic count in business

Detailed Information

Location:
Kearney, NE
Inventory:
Not included in asking price
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3 prime locations in Grand Island, NE, and Kearney, NE. Seller owns Grand Island North and Kearney, NE locations and is willing to sell the real estate as well.
Competition:
Big O Tires has established a very strong brand in these markets and growth has been 9% and 7% in the past two years respectively.
Growth & Expansion:
The Franchisor has very aggressive growth plans and has identified areas in and around the state for expansion.
Support & Training:
Seller Training and Ongoing Corporate Support is included
Reason for Selling:
The owner is retiring
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Eric Payne

Business Listed By:
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Venture Advocates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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