Category:
10356 - Franchises
Location:
Northern California - Central Valley
Business Description:
Major Tire Franchise earning more than $285K in adjusted net profit last year with a track record of increased sales yearly, including last year despite the COVID-19 pandemic. In 2020, over $180K was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts and equipment, to accommodate the ever-increasing sales and profits. This store is located on prime property, across the way from a Starbucks and nearby hospital, on a busy thoroughfare. The landlord is willing to sign a new 15-year lease with options, totaling 30 years. Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires nationwide standing behind them to support their success! SBA pr-approved financing.
12 Months Ended
12/30/2020
$1,358,279
(Sales)
$288,061
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$1,274,348
(Sales)
$263,878
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$868,428
(Sales)
$165,630
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$281,416
(Sales)
$14,082
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 6 | 0 |
| Owners | 0 | 2 |
Hours of Operation
Mon-Fri 8am-5pm; Sat-Sun closed
Licenses Required:
Monthly Rent Including NNN:
$7,920
Expires:
2036
Option:
For 15 years
Size(sq.ft.):
4,085
Type of Organization:
S Corp
Reason for Sale:
Raising cash
Training:
5 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.