Tire Store Franchise - Two Locations!

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Call Us:

Boise: (208) 906-0037
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
10437 - Tire Stores

Location:
Northern California - Northern California

Tire Store Franchise - Two Locations!

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.


Asking Price: $2,190,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

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)

Operations

# 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:

  • B.A.R.
  • Environmental
  • Business
  • B.O.E.

Lease

Monthly Rent Including NNN:
$17,890

Expires:
2036

Option:
For 15 years

Size(sq.ft.):
11,935

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Raising Cash

Training:
5 weeks 40 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0037
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

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.