Summary
- Asking price:
-
$89,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Years established:
- 2007
- Employees:
- 2 FT
Business description
This business performs sales and service for custom auto wheels and tires. Located on an extremely busy street in Seattle, this business has good exposure of the storefront. There is an eye-catching showroom with beautiful wheels, and a service area in the back for tires and wheel installation. The owner is very friendly, and has built some goodwill. The owner has spent a lot of time, money, and effort to get this business started, and is at the point where he wants to move on. A new owner with the resources and drive can grow this business to the next level.
Property information
- Real Estate:
- Lease
- Location:
- This business has an extremely good location. The size of the store is 5,000 SF, and the rent is $6,050/month. There are 5 years left on the lease with a 5-year option to renew, and the lease is assignable. Business hours are from 10-7 Mondays-Fridays, 10-6 Saturdays, and 10-4 Sundays. There are 8 parking spaces, and all the equipments and fixtures are new.
Other information
- Expansion potential:
- Having started the business 3 months ago, the owner is out of energy and resources to continue with this venture after the recent passing of his brother and business partner. The owner has done an extremely good job so far, and this business needs somebody to come in and take it to the next level. It is a great opportunity for someone who wants to own their own business without the hassles of starting one from the ground up.
- Competition / Market:
- The excellent location combined with friendly service is what many customers are looking for. The showroom is spotless, and gives a very good first impression when customers walk in.
- Support & training:
- Seller will provide 2 weeks of free training for a smooth transition.
- Reasons for selling:
- Owner wants to move on due to different business interests.
- Financing available:
- Cash at closing
- Furniture / Fixtures value:
- $20,000
- Inventory / Stock value:
- $100,000