Category:
10357 - Franchises
Location:
Northern California - Central Valley
Business Description:
Major Tire Franchise which earned more than $470K adjusted net profit last year, with a history of increasing sales yearly, including 2020 despite the COVID-19 pandemic. For 2021, profits are on track to exceed $750K! Recently, over $300,000 was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts, equipment, and signage, to accommodate the ever-increasing sales and profits. This store has been in business for over 30 years and is located on prime property, next to a newly built Starbucks and a nearby hospital and other medical clinics, 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! Pre-approved SBA financing is offered at 15% down.
4 Months Ended
4/30/2021
$809,730
(Sales)
$246,286
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$2,202,493
(Sales)
$469,948
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$2,065,715
(Sales)
$476,008
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$1,639,667
(Sales)
$371,415
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 9 | 0 |
| Owners | 0 | 2 |
Hours of Operation
Mon-Fri 8am-5pm, Sat 8am-4pm Closed Sunday
Licenses Required:
Monthly Rent Including NNN:
$9,970
Expires:
2036
Option:
For 15 years
Size(sq.ft.):
7,850
Type of Organization:
S Corp
Reason for Sale:
Raising cash
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.