Tire and Auto Repair Center – Huge $309,000 Cash Flow!

Solano County, CA

Seller Financing Available
Tire and Auto Repair Center – Huge $309,000 Cash Flow!
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Asking Price: Get Financing: $925,000

Cash Flow: $309,000

Gross Revenue: $1,748,000

EBITDA: N/A

FF&E: N/A

Inventory: $35,000*

Established: 1996

*not included in asking price.

Tire and Auto Repair Center – Huge $309,000 Cash Flow!

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Business Description

One of 100+ Auto Service Businesses Offered by Art Blumenthal

Are you looking for an amazing opportunity to purchase an independent tire and auto repair center with annual sales that have averaged $1,600,000 for the past three years, reaching $1,748,000 in 2016? This highly profitable business generates $309,000 in cash flow for an active owner/operator, affording a lucrative salary after debt service. The Business is in one of the fastest growing areas of Solano County, along the I-80 corridor, and well established with 20 years of goodwill, excellent reputation for customer service, wide selection of name brand tires, and a loyal clientele.

The Business comes complete with the state-of-the-art alignment and balancing equipment, along with complete auto repairs, including brakes, oil change, engine performance, Smog Check, steering and suspension, starting and charging, and heating and cooling. The 6,200 square foot building has ten service bays and nine lifts, storage area for tires and parts, a customer reception area, private office and plenty of outside parking. Experienced team of Sales Associates and Technicians are trained to work independently and will support an entrepreneurial new owner who wishes to further grow the business. The Business has excellent Internet reviews. The Seller will provide training and support during the transition period.

The Asking Price for this highly profitable Business is $925,000, plus $35,000 in inventory. The Business is pre-qualified for 75% Bank/SBA financing for 10 years. The owners wish to retire after building a successful business over more than two decades. The Sellers own the building and will provide the Buyer a long term lease and/or an option to purchase the real estate.

With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a highly respected business in the community.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
10
Facilities:
ttractive and well organized 6,200 square foot prototype building with ten service bays and nine lifts, parts/tires storage area, customer reception area, private office and large parking lot. One of the bays is set up with a heavy duty lift for medium commercial vehicles and motor homes. Fully equipped for a wide range of automotive repairs, preventive maintenance and diagnosis. The Sellers own the building and will provide the Buyer a long term lease and/or an option to purchase the real estate.
Competition:
Honest, personalized service has enabled the business to gain new customers while retaining its long term loyal clientele.
Growth & Expansion:
Local owner/operator could grow the business by expanding hours, service offerings and soliciting fleet business. Tremendous growth of residential and commercial development in Solano County is projected for the next ten years.
Financing:
Qualifies for Bank/SBA financing.
Support & Training:
Seller will provide a minimum of 2 weeks of training at 30 hours/week and additional telephone support to ensure a smooth transition. With Seller training and an experienced crew of Sales Associates and Technicians, no prior automotive background is required.
Reason for Selling:
Long term Owner wishes to retire.
Business Website:
http://www.art-blumenthal.com
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(from currently available funds)
 
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Art Blumenthal

Business Listed By:
Art Blumenthal

Art Blumenthal, LLC

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