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Tires, Lift Kits, & Auto Repair with YOY Growth! (38022)
Well-known for diverse tire line, lift kits and installations, this trusted auto repair shop and tire dealer offers repair services, A/C, alignments, front-end, tune-ups, brake jobs and more!
- Top choice for tires, custom wheels and 2”-6” lifts, one-year warranties offered on labor & OEM warranties on new parts & tires!
- Known for truck customizing, the company holds excellent ratings & reviews in a desirable high traffic area of Orlando-Sanford Metro.
- Achieved growth of 75% over the last 5 years thanks to sales efforts!
- Revenue breakdown of 70% individual and 30% commercial work.
- Projections target $1.3 Million for 2024 with $285k SDE; Revenues of $1,262,399 in 2023 with Discretionary Earnings of $206,000.
- Diverse client concentration ratios, with top five consumers making up under 5% of annual income!
- Commercial site of 6,000 square feet has a second, contiguous add-on building of 3,500 square feet.
- Open to purchase or lease at $6,400 monthly, the property has 3 bays, 2 offices, a showroom area, bathrooms, and space for two added stalls to allow more techs.
- Organized shop and next day delivery for on-demand inventory.
- Involved ownership acts as GM and agrees to a standard transition up to 6 months.
Listed By: Flavia Milano
Background information
Seller Number:
38022
Year established:
1958; Acquired 1990.
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$1,262,399
Profits:
$206,000
Profit type:
Discretionary Earnings
Operations
Employees:
4 nonunion.
Equipment:
$90,000
Inventory:
$30,000
Premises
Facility:
Property marketed for $3.2 Million is available for separate purchase or can be leased monthly for $6,400.
Square footage:
9,500+/-
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$600,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Seller agrees to standard acclimation of up to 6 months.