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Well-Established Tire & Auto Repair in Great Location! (17903)

Located in a beautiful lakeside community, this independent automotive repair shop offers a combination of services including tires, wheels, repair services, and automotive maintenance services such as oil changes, alignments and mechanical repairs. Primary sales are to the general public; adding more commercial fleet accounts, diesel mechanical or larger tire machines would increase sales. 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. In the past 10 years annual 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. A miniscule franchise fee is less than the great 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!
Listed By: David Michaelson
Background information
Seller Number:
17903
Year established:
2015
Reason selling:
Approaching retirement.
Finance
Sales:
$1,000,000
Profits:
$125,000
Profit type:
Discretionary Earnings
Operations
Employees:
5 nonunion.
Equipment:
$200,000 (rounded)
Inventory:
$15,000 to $20,000
Premises
Facility:
Leased.
Square footage:
25,000+/-
Location:
Business carries franchise support!
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$225,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Standard 12 month acclimation.