53 YEAR Tire Franchise with Interstate Location

Reno, NV (Washoe County)

Seller Financing Available
53 YEAR Tire Franchise with Interstate Location
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Asking Price: $265,000

Cash Flow: $114,944

Gross Revenue: $849,848

EBITDA: N/A

FF&E: $80,000

Inventory: $25,000

Rent: $5,621 /Month

Established: 1965

53 YEAR Tire Franchise with Interstate Location

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Business Description

This is a rare opportunity to purchase one of the leading Tire, Wheel, and Auto repair franchises in the area. With over 700 stores nationwide, this is one of the most recognized and respected brands in the industry. Locally, this auto care center has been the go-to option for people in Reno/Sparks in need of any type of car care for their vehicles. They are superbly located along Interstate 80 in an area surrounded by commercial and industrial industry. Excellent visibility and signage attract a steady drive-by business. 40+ years of great reputation for excellence in repairs, maintenance, and customer service that has built a very loyal customer base, many who remain life-long patrons of the shop. Northern Nevada is growing at an unprecedented rate, and increased housing equates to increased traffic, which is great for the automotive business growth. This operation is set up to handle the growing customer base. The franchise offers excellent support, including a user-friendly website with services offered, online shopping, and coupons.The shop has well-maintained equipment, offers a comfortable working environment, and is turn-key. This store is well staffed with experienced employees willing to continue to work for a new owner. This is a one-of-a-kind opportunity for a motivated Buyer to acquire a long-established, highly reputable auto care center, which has been around for generations in the Reno/Sparks community. With $105,000 worth of Equipment and Inventory included in the sale. $1,000 Franchise Transfer Fee to be paid by the Buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,918
Lease Expiration:
12/31/2021
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established high-traffic location near Interstate, 5 large service bays, large modern showroom, offices, over 5,000 sq ft building with highly visible signage.
Competition:
Exclusive Hercules Dealer, located off Interstate(high traffic), established location over 40 years, local tire warehouse delivers daily, minimal storage requirements.
Growth & Expansion:
Local residential and commercial growth is increasing traffic and vehicles brings new business, strong online presence.
Financing:
$80,000 down, 6.5%,
Support & Training:
Franchise support, seller post closing support period negotiable.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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