Turn-Key Auto Repair & Tire Store in Mountain West

Business
  • Listing# : 15541
  • Listed Price : $1,250,000
  • Total Sales : $1,219,301
  • SIC : 5014
  • Down Payment : $313,929
  • Status : Active
  • Discretionary Earnings : $214,102

Business Type :

Automotive / Auto Tire Stores, Automotive / Auto Accessories, Automotive / Auto Air Condition, Automotive / Auto Quick Lube, Automotive / Auto Tune Up, Automotive / Auto Muffler Shop

Business Description :

Profitable and long-established tire and automotive service/repair store located on busy intersection in desirable location. This is a well-run business with clean, up-to-date facility. Seller is ready to retire and will provide transition to new owner and may consider providing some financing to the right buyer.

The business operates in a recession-proof industry and did not experience a downturn even in 2008. The owners state that during their 26-year business ownership history, there has never been a drop in revenues because “everyone needs tires” and other automotive repairs and service. As an independent owner, there is no restriction on the product and service offerings.

This business and been lender pre-qualified (including working capital, business asset and real estate purchase).

This is a consistently performing business with repeat customers and very little competition.

Assets/Liabilities:

    • Accounts Receivable $39,620
    • Incl : No
    • Real Estate $800,000
    • Incl : Yes
    • Inventory $187,962
    • Incl : Yes
    • Liabilities $55,819
    • Incl : No
    • FF&E $112,071
    • Incl : Yes
    • Other: $139
    • Incl : No
    • Leasehold $15,606
    • Incl : Yes
    • Total Assets $1,115,639
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Automotive