TIRE STORE and REPAIR with SBA or OWNER Financing

Sebring, FL (Highlands County)

Seller Financing Available
TIRE STORE and REPAIR with SBA or OWNER Financing
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Asking Price: Get Financing: $900,000

Cash Flow: N/A

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $120,000

Inventory: $100,000*

Real Estate: $600,000

Established: 1982

*not included in asking price.

TIRE STORE and REPAIR with SBA or OWNER Financing

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Business Description

*IMPORTANT NOTE: SELLER FINANCING - or -

PRE-APPROVED BY THE SBA for a QUALIFIED buyer. Down Payment of 15%, Term 18 years, Interest Rate is 6.5 to 7% depending on the strength of the buyer. Terms are subject to change based on credit, interest rates, etc. The SBA is prepared to provide a formal Term Sheet upon application and acceptance of a buyer.

Outstanding full-service FRANCHISE Tire Store and Automotive Service Center. YOU DO NOT HAVE TO KEEP THE FRANCHISE! Same owner since the early 1980's. This business has built a reputation on years of quality, affordable automotive services and tires with brand names. Offering services like tire rotation, tire balancing, steering and suspension, engine diagnostics, oil changes, brakes, and much more.

There is a lot of room to grow and change this business. See the comments below regarding the hours of operation. Also, the payroll represents 33% of the gross sales and the national average is only 18% to 25%.

PLEASE PROVIDE PROOF OF FUNDS, SIGN AND SEND THE ATTACHED NDA FOR ADDITIONAL INFORMATION.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
9,500
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two large buildings on .83 acres of real estate.
Competition:
Limited competition, but the hours need to be extended. There is a lot of upside potential for a new owner!
Growth & Expansion:
This is an EASY category! The business is ONLY open Monday through Friday until 5:00 pm!!! Simply opening for a half day on Saturday or extending the hours (even if you just do it a couple of days per week) will bring in customers who have "normal" working hours and can't get in during the current hours of operation.
Financing:
Terms to be determined for a qualified buyer
Support & Training:
Owner will train for a period of time to be determined by buyer and seller.
Reason for Selling:
Owner is retiring
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Contact the Seller

(from currently available funds)
 
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John Prohaska

Business Listed By:
John Prohaska

Black Diamond Realty Services

Show Phone Number

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