Well-Established Tire & Auto Repair Shop! (17903)

Seller Financing Available

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Asking Price:$295,000
Gross Revenue:$1,038,899
EBITDA:$76,032
Established Year:2015
Cash Flow:$125,301
Inventory:$15,000
FF&E:$200,000
BUSINESS DESCRIPTION

Seller financing available! Great location on main street of a popular lakefront community with world-class bass-fishing and low cost of living. Located right across the street from the lake, this independent automotive repair shop offers a combination of services including tires, wheels, repair services, and automotive maintenance services such as oil changes and alignments. Primary sales are to the general public; adding more commercial fleet accounts would increase sales. Other growth opportunities come from expanding business hours and adding electric vehicle capabilities. In gorgeous Lake County, Northern California, the shop facility totals 25,000 square feet and 6 bays with additional acreage for parking and storage. The high-traffic location – on the main street, looking at the lake -- includes a service shop, warehouse, and administrative space for offices and a customer waiting area. The property is available for lease or a separate acquisition. While the owners enjoy their involvement in the business, the 6 experienced employees keep day-to-day operations running smoothly. From 2022 to 2024 projections, sales are consistently over $1,000,000 with Seller’s Discretionary Earnings around $125,000. Marketing efforts have included radio, social media, and through the Franchise marketing model. Miniscule franchise fee is less than the discount on tires the franchisor provides! The sellers are approaching retirement and look forward to discussing opportunities for the business with interested parties. Contact IAG today for more information on this great add-on opportunity! Don’t miss this golden opportunity!


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
25,000
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E value is rounded. Property measuring 25,000+/- square feet is Leased.
Competition
Business carries franchise support!
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Standard 12 month acclimation.
Reason for Selling
Approaching retirement.
Franchise
This business is an established franchise
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Keith Campbell
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Keith Campbell