Very Successful Tire Dealer & Auto Repair Business
Started in 2012, the sellers had a vision of a one-stop-shop business where customers could come to purchase tires, get an alignment, brake service, front end repairs, oil change and even light mechanical services like tune-ups, belts and hoses and fuel or water pump repairs. And that's exactly what they built.
This very successful business is located in a mountain ski resort town with little other competition in this category. This owner has positioned the business as the "go-to" place for 4-sheel drive and off-road tires. The business has been recognized as a "Best in Town" in the area of brakes, alignments, auto service, oil changes; and "Champion of Service" and "Member of the Month" by the local chamber of commerce.
The perfect buyer for this fast-paced and very busy tire dealer should have experience in the automotive industry and be familiar with the tire business. The owner is hands-on and present in the business every day, so a buyer should be prepared to work in the business to continue its growth and standing in the community. A buyer should also be interested in getting involved in the community via the Chamber of Commerce, local sports clubs and sponsorships for high school events.
Seller owns the real estate and will write a three year lease for the buildings and parking lot involved in the operation of the business. Seller would be willing to give buyer a first right of refusal to purchase the real estate at the end of the initial lease period.
Projected Gross Revenue 2022 | $2,179,000
Projected Cash Flow 2022 | $330,000
FF&E | $200,000
Inventory | $120,000
Established | 2012
Employees | 15