Tires Store Franchise w/RE

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
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
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
8683 - Tire Stores

Location:
Northern California - Northern California

Tires Store Franchise w/RE

Business Description:

Established thirty years, this store sits along a busy road into town with hospitals and other employers nearby. Revenues have increased admirably for each of the past 5 years, growing 26% last year, and the business is on track to net $500K profit for 2020. The site retains profitable national and local fleet accounts such as Comcast and Enterprise. A large building and plot allow for copious future growth. SBA financing includes the business, the $1.6M R.E. plus $70K inventory, together with the buyer’s $285-$427K (10%-15%) down payment. Be your own landlord and build equity! The rent pays for the Real Estate!


Asking Price: $1,075,000


Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2019

$2,074,950
(Sales)

$377,613
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$1,639,667
(Sales)

$349,347
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$1,507,575
(Sales)

$355,316
(Adjusted Cash Flow)

12 Months Proforma

12/31/2020

$2,162,480
(Sales)

$510,345
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 11 1
Owners 0 2

Hours of Operation
Mon-Fri: 8am-5pm; Sat: 8am-3pm; Sun: Closed

Licenses Required:

  • BAR
  • Business
  • Seller's Permit
  • Environmental

Lease

Monthly Rent Including NNN:
$8,252

Expires:
N/A

Option:
No

Size(sq.ft.):
7,850

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Owners have moved

Training:
1 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) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
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
Spokane: 509.443.4337
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.