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Upstate NY Tire and Auto Repair Center

NY

Upstate NY Tire and Auto Repair Center
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Asking Price: $3,950,000

Cash Flow: $516,000

Gross Revenue: $8,500,000

EBITDA: $516,000

FF&E: $400,000

Inventory: $2,000,000

Real Estate: $3,000,000*

Established: N/A

*not included in asking price.

Upstate NY Tire and Auto Repair Center

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Business Description

Long-established Upstate NY Tire and Auto Repair Center - This profitable tire and auto repair center has enjoyed a multi-decade presence in the area, and has developed a loyal customer following, offering an extensive inventory of all the major tire brands, as well as wheels and accessories, and a broad range of auto repair services. The business is well-staffed in all departments - sales, admin, warehouse and service techs - allowing new ownership to hit the ground running. And the seller welcomes a short to long term employment agreement post-sale, to ensure a smooth transition. The facility is spacious, attractive and well-located in the market area, to attract new business as well as welcome long-time customers, both individual and commercial.

The retail tire industry is very robust, and generates $40BN of annual revenue in the USA, and growing. The stability of the retail tire and auto industry, along with an established and well-earned local reputation of the business, gives new ownership a comfortable foundation from which to work. And the opportunity is well-suited for either an individual buyer looking for a private opportunity, or for an existing tire or auto repair business looking to expand their footprint. In addition to the attractive pricing, the ability to finance the inventory portion of the deal with extended manufacturer terms may also be available, making it even easier to buy - inquire further for details.

This is another opportunity brought to you by Powersports Listings Mergers & Acquisitions.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Spacious and attractive facilities with excellent major roadway frontage and accessibility. Many upgrades and renovations through the years.
Competition:
Local competition would be considered average for the industry.
Growth & Expansion:
Plenty of room for growth, in both the facility and the market area.
Financing:
Inventory financing available from vendors.
Support & Training:
Seller welcomes a short or long term employment arrangement post-sale, to ensure a smooth transition.
Reason for Selling:
Retirement.
Business Website:
http://www.powersportslistings.com.
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Contact the Seller

(from currently available funds)
 
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Jerry Szopinski

Business Listed By:
Jerry Szopinski

Sunbelt Middle Market & Powersports List

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Sponsoring Broker:
Tom Macatee

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