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




Business Summary

Specializes in all types of tires for all vehicles. Sells 70% of new tires, The seller has 50 years of experience selling new and used tires not only for cars but also for trucks of all size. He has all the right contacts and is an expert at locating tires & rims. Whether it is for a boat, golf cart, RV, trailer, heavy-duty truck, MAC trucks, or any other vehicle requiring a tire, he can accommodate the customer.
Points of interest: the owner the store just sells tires, between 800 to 1000 tires a month (and a few windshield wipers). He has a building on the property that would be ideal for installing a wheel aligning machine to generate additional income. The seller only accepts credit cards and cash. He's tied into an agency that will initiate credit almost immediately to a buyer by doing a simple credit check. The lot is 1.19 acres and there is a lot of depth that can be utilized for other profit centers. An example could be storing large boats and RV's.

The business is situated close the the Sebring International Racing Way and when they have their events, parking for RV's comes at a premium, so that could be a thought, but subject to any zoning. Lastly, the additional property could be used for U-Haul as well as a car lot.

ASKING $750,000 Plus Inventory (Business and Real Estate)
Revenue 2017: $737,428
Net Operating Income: $250,888

(JUST APPROVED) SBA FINANCING &
SELLER WILL CONSIDER FINANCING A QUALIFIED BUYER

April Tire sales in 2017 were $78,000 and for 2018 April they were $97,000, ave. daily tire sales of 40.7 per day, ave. daily in 2017 was 30 tires.
Total tire sales in 2017 were 8,627 and in the first 4 months of this year tires sold is 3,505
Two new accounts have been added projected to purchase approximately 700 to 1000 tires in 2018
Quickest way to increase profits would to add a wheel alignment to existing building on the property.

Broker can be contacted at


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $737,428
Cash Flow:   $250,888
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $70,000
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  As needed
Reason For Selling:  Retiring




Print Listing Id: 700317959
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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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