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Tires, Alignment & Brake Services
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $4966002
Net Profit / Cash Flow $400500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1961
Number of Employees 20 - 34
Inventory 800000
Relocatable Yes
Number of Employees 20 - 34
Real Estate Owned
Training Owner will remain for up to six months to help acclimate buyer to the area and day-to-day operations. There is a management team in place that will most-likely stay with the business after the transition.
Reason for Sale Retirement brings the owner to sell.
Description Two locations within 40 miles of one another make up this Californian tire business, which has been operational for over 50 years. This wonderful listing is an authorized dealer of Michelin, Bridgestone, Firestone, Hankook and Samson products as well as commercial and industrial tires. Skilled technicians perform auto repair services including belt and hose replacement, brake work, oil changes, steering & suspension, preventive maintenance and more. The current owners have already set up several large commercial accounts that will help any interested buyer establish a customer base.
The tire shop and services make up the core of the operation, but there is also a brake shop available that could add a great deal of revenue. Customers may purchase various warranties on any of the tires purchased there as well. This business is currently owner-operated, but could be run in an absentee manner with a wise hiring decision. A California State Board of Equalization Seller's Permit is required to run the company, as well as a Motor Carrier Permit from the Bureau of Auto Repairs. This is a great opportunity for any buyer interested in the growth potential of a business located in the heart of the oil field section of California!
Products and Services Offered
80% of the company's profits come from commercial tire sales, 10% are derived from retail and another 10% from services. Owner Financing is available and all equipment and 12 vehicles are included in the sale. The inventory and property are available for purchase to a new owner.
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