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Tire Express with Lease to Own Options

Portland, OR
A Tire Store that Banks for Customers
Asking Price:$1,399,000
Gross Revenue:$2,723,706
Rent:$10,000/Month
FF&E:$150,000
Cash Flow:$638,773
Inventory:$100,000
EBITDA:$638,773
Established Year:2000
Listing ID: 1580710Listing provided by BizBuySell
BUSINESS DESCRIPTION

Are you a bank? Are you a Tire Store?
You are BOTH, offering quality tires and custom wheels to customers for purchase or lease.

This Semi-Passive Business with its Pay-as-you-go program accounts for over 85% of total revenue. Also offering balancing and on-road maintenance.

There are currently 116 locations nationwide in 23 states with multi-store possibilities in Oregon and Washington.

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility includes a tire balancer, tire changer, lifts, tools, compressor, flange kit, nitrogen inflation system. Desks, chairs, display racks, and decor items. Computer and Signage.
Support & Training
Online training in combination with a minimum of 2 weeks “on the job” training at an existing RNR location is followed with 2 weeks on-site training with an experienced trainer from corporate. Operational and Marketing Tools: In house marketing dept. will develop promotions and supporting marketing materials as needed without charge for design & creation.
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Eric
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