Category:
8683 - Tire Stores
Location:
Northern California - Northern California
Business Description:
Established thirty years, this store sits along a busy road into town with hospitals and other employers nearby. Revenues have increased admirably for each of the past 5 years, growing 26% last year, and the business is on track to net $500K profit for 2020. The site retains profitable national and local fleet accounts such as Comcast and Enterprise. A large building and plot allow for copious future growth. SBA financing includes the business, the $1.6M R.E. plus $70K inventory, together with the buyer’s $285-$427K (10%-15%) down payment. Be your own landlord and build equity! The rent pays for the Real Estate!
12 Months Ended
12/31/2019
$2,074,950
(Sales)
$377,613
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$1,639,667
(Sales)
$349,347
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$1,507,575
(Sales)
$355,316
(Adjusted Cash Flow)
12 Months Proforma
12/31/2020
$2,162,480
(Sales)
$510,345
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 11 | 1 |
Owners | 0 | 2 |
Hours of Operation
Mon-Fri: 8am-5pm; Sat: 8am-3pm; Sun: Closed
Licenses Required:
Monthly Rent Including NNN:
$8,252
Expires:
N/A
Option:
No
Size(sq.ft.):
7,850
Type of Organization:
S Corp
Reason for Sale:
Owners have moved
Training:
1 weeks 40 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.