Tire Sales and Service Company in beautiful North Georgia

GA

Tire Sales and Service Company in beautiful North Georgia
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Asking Price: Get Financing: $265,000

Cash Flow: $110,900

Gross Revenue: $947,412

EBITDA: $110,900

FF&E: $129,000

Inventory: $80,000

Real Estate: $310,000*

Established: 1957

*not included in asking price.

Tire Sales and Service Company in beautiful North Georgia

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Business Description

This Company has been in business for more than 70 years and has a well-established repeat customer base. In addition to tire sales and service, this business also performs oil changes and other light mechanical work. Business is fully equipped with three bays, one lift, alignment machine, and tire balancers. High traffic location in a rural, North Georgia town. Staff includes 5 full-time personnel, consisting of the owner/manager, a mechanic, 2 techs and 1 assistant manager/general service person. Bookkeeper works part-time. The Company has a reputation for honest, competent work. The building and property are included in the sale.

INVESTMENT HIGHLIGHTS:
***The Company has an active customer base that exceeds 300, with more than 60% being repeat business.
***Experienced, long term employees that would stay on post-acquisition.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
5,700
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities were built in 1959. Small lobby in entrance, two offices, three bays - one equipped with a lift. Plenty of storage space and room to grow.
Growth & Expansion:
***Outbound Marketing: Establishing an online presence, by adding a website and social media, could expand the customer base and increase revenue. ***Additional Services: Adding and promoting services, such as towing and roadside assistance, could provide additional revenue streams.
Reason for Selling:
Retirement
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Laura Chapman

Business Listed By:
Laura Chapman

Sunbelt Business Brokers

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Sponsoring Broker:
Doreen Morgan


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