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Franchised Tire Store For Sale
Location: United States -> Florida -> Highlands County
Industry: Auto Related > Auto Parts Retail and Distribution




Business Summary

Outstanding Full Service Tire Store & Auto Repair-Popular Franchise. Priced reduced to $900,000, Plus inventory. Includes business and real estate. SBA approved with 15% down for 18 years at an interest rate of 6.75% (Depending on the credibility of the buyer) Seller will also consider seller financing. Consists of 9 bays, four enclosed and one outside for larger trucks. Carries all major brands of tires. Current owner built the location over 30 years ago. The buyer has the option of not keeping the franchise. There isn't any major competition in the area. Sales exceeded $1,400,000 in 2017 and would have been higher except for being closed for almost 8 weeks because of the hurricane. Sales could be increased by staying open one longer on weekdays and for 4 to 5 hours on Saturday. Their current hours are 8 to 5 on weekdays and closed on Saturday and Sunday. Broker can be reached at 561-951-6631


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,450,000
Cash Flow:   $225,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1987
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  Retiring




Print Listing Id: 700317957
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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