Tire & Auto Repair Business For Sale

Business description

This well established absentee Tire and Auto Repair Business has been located on a main road, in a busy area of Eastern Suffolk County for 63 years. 70% of its business is tires. It is the only tire business around its area. It is currently run absentee. Current owner spend 1.5 days a week at the business. It has strong name recognition, a great reputation and a large clientele including wholesale accounts. Owner’s other business interests forces sale and creates this excellent opportunity for the right person. Grossing $1,148,000 absentee with a net of aprox $119,000 which an owner operator could immediately increase. Asking $350,000 with only $125,000 down which includes aprox $70,000 in current inventory. If you're looking for a simple well established business with upside potential, then this is a definite must see so inquire now.

Other information

Reasons for selling:

owner is relocating

Financing available:

$225,000 @ 7% over 60 months

Contact the seller