42 Years Tire Sales & Automotive/Truck Service

Highlands County, FL

42 Years Tire Sales & Automotive/Truck Service
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Asking Price: Get Financing: $2,000,000

Cash Flow: $573,549

Gross Revenue: $6,006,164

EBITDA: $573,549

FF&E: $409,000

Inventory: $400,000*

Real Estate: $1,100,000*

Established: 1978

*not included in asking price.

42 Years Tire Sales & Automotive/Truck Service

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Business Description

Excellent business opportunity to acquire for automotive to large truck general repair and tire distribution business throughout central Florida. The business services include:
• General repair on all autos, trucks, semi-trucks, large recreational vehicles and more!
o Brake machines
o Tire machines & balancers
o Alignment machines
o 2 inground car lifts
o 3 center car lifts
o 2 closed front drive on racks
o 7 twin post lifts
o AC repair
o And much more for complete auto repair shop (partial equipment list available)
• Tire sales from the smallest ATV to the largest tractor/truck
• On site repair
• Tire distribution to retailers throughout Central Florida
• Truck accessories and installations

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
11,075
Employees:
34
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The real estate encompasses about 3 ¼ acres of land on four separate lots: • 1109 W. Main: 7,654 SF service building with 1,728 SF office AND 7,200 SF tire & accessories building on 1.38 acres of land. 8 indoor service bays and 6 covered service bays. There are an additional 6 outdoor covered service bays. • 1125 Paulk Street: 2,162 SF Community Building on 0.29 acres of land. Current owners rent this building out to the community for weddings, anniversaries, events, etc. at $250/day (this income is not included on financials) and is rented at least 50 times per year (capacity of 70 people). The building/property could be used as an office or sold as a rental or office property. • 1110 Rounds Street: 1.2 acre vacant lot that the current owners use for parking of service and customer vehicles. The current owners intended to build additional service buildings for large truck services. • 101 S. Hart Street: 1,259 SF rental house on 0.37 acres of land. The house is currently rented as a residential house for $700/month on a month-to-month lease. The owners use the land to store tires outside.
Competition:
Great opportunity to continue to grow the business. Currently serving multiple counties with opportunity to expand tire distribution to other counties. This is one of the oldest and largest such business in Central FL.
Support & Training:
Owners will continue to work as employees if desired by buyer, but wanting to retire. Will provide support for a successful transition.
Reason for Selling:
Retiring
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BRETT VOGELER

Business Listed By:
BRETT VOGELER

360 PERSPECTIVE PARTNERS LLC

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