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Well-Established Tire & Auto Repair Shop! (17903)


Seller financing available! Great location on main street of a popular lakefront community with world-class bass-fishing and low cost of living. Located right across the street from the lake, this independent automotive repair shop offers a combination of services including tires, wheels, repair services, and automotive maintenance services such as oil changes and alignments. Primary sales are to the general public; adding more commercial fleet accounts would increase sales. Other growth opportunities come from expanding business hours and adding electric vehicle capabilities. In gorgeous Lake County, Northern California, the shop facility totals 25,000 square feet and 6 bays with additional acreage for parking and storage. The high-traffic location – on the main street, looking at the lake -- includes a service shop, warehouse, and administrative space for offices and a customer waiting area. The property is available for lease or a separate acquisition. While the owners enjoy their involvement in the business, the 6 experienced employees keep day-to-day operations running smoothly. From 2022 to 2024 projections, sales are consistently over $1,000,000 with Seller’s Discretionary Earnings around $125,000. Marketing efforts have included radio, social media, and through the Franchise marketing model. Miniscule franchise fee is less than the discount on tires the franchisor provides! The sellers are approaching retirement and look forward to discussing opportunities for the business with interested parties. Contact IAG today for more information on this great add-on opportunity! Don’t miss this golden opportunity!



Listed By: David Michaelson

Background information

Seller Number:

17903

Year established:

2015

Reason selling:

Approaching retirement.

Finance

Sales:

$1,038,899

Profits:

$125,301

Profit type:

Discretionary Earnings

Operations

Employees:

6 nonunion.

Equipment:

$200,000 (rounded)

Inventory:

$15,000

Premises

Facility:

Leased.

Square footage:

25,000+/-

Location:

Business carries franchise support!

Opportunities

Market:

Referral Sources.

Price and terms

Price:

$345,000

Financing:

Standard SBA-term financing will be negotiable for qualified buyers.

Owner Transition:

Standard 12 month acclimation.