Category:
8569 - Tire Stores
Location:
Northern California - Peninsula
Business Description:
Situated on a bustling SF Peninsula boulevard, the Buyer of this store will enjoy the Awesome Power of one of the largest marketers of tires Nationwide standing behind him to support his success. The business is set to net $450K profit this year. What's more, a nearby competitor recently shut down due to loss of its lease. This store, however, benefits from a long-term lease with a moderate rent. +++ SBA pr-approved financing with $270K down includes the business plus the resale inventory.
12 Months Ended
12/31/2018
$2,471,016
(Sales)
$358,163
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$2,586,505
(Sales)
$316,040
(Adjusted Cash Flow)
11 Months Ended
12/31/2016
$2,401,087
(Sales)
$339,519
(Adjusted Cash Flow)
9 months Ended
9/30/2019
$1,933,946
(Sales)
$329,997
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 10 | 0 |
| Owners | 0 | 0 |
Hours of Operation
Mon-Fri 8-6; Sat 8-5:30; Sun 9-5
Licenses Required:
Monthly Rent Including NNN:
$12,391
Expires:
6/30/26
Option:
For 5 years
Size(sq.ft.):
4,000
Type of Organization:
S Corp
Reason for Sale:
Redirecting corp. growth strategies
Training:
2 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.