Tire & Repair, 18 bays, Absentee Owner

AL

Tire & Repair, 18 bays, Absentee Owner
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Asking Price: Get Financing: $825,000

Cash Flow: $227,000

Gross Revenue: $1,534,000

EBITDA: N/A

FF&E: $300,000

Inventory: $5,000

Lease Rate: N/A /SF

Established: 1993

Tire & Repair, 18 bays, Absentee Owner

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Business Description

Well established customers

Southeast-US, 18-bay automotive repair and tire shop. Over 25 years servicing customers in the area. Sales are 25% Tires/75% Service. Located near a university campus and growing community. The owner is absentee and employs a general manager for daily operations. If transitioned into Owner/Operator, cash flow would increase to $320,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
18 bays, 12 lifts (2x14,000lb Rotary alignment, 1x12,000 Rotary alignment, 7x10,000 Rotary lifts, 2x10,000 2-post), Alignment machine, 2x Wheel balancers, 2x Tire changers, Nitrogen machine
Competition:
Normal competition
Growth & Expansion:
Rapid growth area
Reason for Selling:
Relocation/Retirement
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(from currently available funds)
 
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Angela Graham

Business Listed By:
Angela Graham

Alliant Capital Advisors LLC

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Sponsoring Broker:
Bill Marrero


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