Category:
10437 - Tire Stores
Location:
Northern California - Northern California
Business Description:
Major Tire Franchise which earned more than $679,000 last year from the two stores combined, with a track record of increased sales yearly, including 2020 despite the COVID-19 pandemic. Last year, over $480,000 was spent turning these locations into state-of-the-art Tire & Automotive facilities with new showroom facias, vehicle lifts, equipment, and signage, to accommodate the ever-increasing sales and profits. Additionally, the main store has been in business over 30 years and both are located on prime property, next to recently built Starbucks and close to nearby hospitals, on busy thoroughfares. The same landlord is willing to sign a new 15-year lease, with options totaling 30 years for each. 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! Pre-approved SBA financing.
12 Months Ended
12/31/2020
$3,560,772
(Sales)
$679,076
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$3,340,063
(Sales)
$661,615
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$2,508,095
(Sales)
$483,461
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$1,507,575
(Sales)
$467,480
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 15 | 0 |
Owners | 0 | 2 |
Hours of Operation
Mon-Fri 8am-5pm, Sat 8am-4pm, closed Sunday
Licenses Required:
Monthly Rent Including NNN:
$17,890
Expires:
2036
Option:
For 15 years
Size(sq.ft.):
11,935
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.