Tire, Brakes and Auto Repair Business For Sale

Salem, OR (Marion County)

Tire, Brakes and Auto Repair Business For Sale
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Asking Price: $195,000

Cash Flow: $74,701

Gross Revenue: $621,226

EBITDA: $74,701

FF&E: $120,484

Inventory: $5,480*

Rent: $3,366 /Month

Established: 1965

*not included in asking price.

Tire, Brakes and Auto Repair Business For Sale

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Business Description

Located in the Willamette Valley, this long established business has been serving their customers for over 50 years. The business has thrived by providing excellent service and competitive prices. The business specializes in tires, brakes, alignments, all suspension work and minor auto repair. The business serves the general public and commercial fleets as well. The business occupies 4,000 SF that consists of an office, customer waiting area, counter work space, four covered work bays, three enclosed work bays, an enclosed general work shop and warehouse space.
The business faces a major arterial in the city that has ample parking and secured parking as well!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
owner + 3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A nearly 4,000 SF facility featuring an office, work counter, customer waiting area, 4 covered outdoor bays, 3 enclosed bays and an enclosed work shop. There is a second floor that is currently used for storage.
Competition:
The business is the areas 2nd largest independent tire store in the city and relies on the good service and customer loyalty that they have established over the years.
Growth & Expansion:
The business is currently open 5 days a week and an additional business could be created by opening on Saturday and a greater social media presence.
Support & Training:
Seller will train
Reason for Selling:
Retiring
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Gary L. Weston

Business Listed By:
Gary L. Weston

Coldwell Banker Commercial- Mountain West

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