Retail Tire And Service In Washington For Sale

Business description

This is a highly profitable multi location full line tire sales and service center for passenger light trucks, commercial trucks, farm equipment and forklifts. A family owned business for over 53 years with an excellent record of sales and profit growth! Given the long standing reputation in the market place, this is an excellent opportunity for new owner to take this business to a new performance level and reap the benefits of strong sales and cash flow growth. Call today on this incredible listing.
At this business, you'll find a great selection of name brand tires at low prices—like Michelin, Nokian, Goodyear and Kumho. Plus the customer always receives expert service to help them make the right choice for their vehicle and driving needs. More than just tires. Custom wheels, batteries, brakes, shocks… count on this business for quality accessories, repairs and maintenance, always guaranteed. This company also offers additional services for a customer's vehicle care and maintenance. These range from brake repair to oil changes, tune-ups to alignments, electrical to mechanical, all handled by qualified technicians with the experience and training to do the job right. Their customers can enjoy the convenience of having routine maintenance or emergency repairs handled quickly and professionally. And like all services, the work is guaranteed to their satisfaction.
Products and services offered by percentage of sales is as follows: 45% is for passenger/light truck new and used tire sales. 27% is for the service part of the business such as brakes, shocks, tune-ups, oil changes, etc. 16% goes to commercial truck new and used sales. 9% of sales is for farm equipment and 3% is for industrial.
All equipment and inventory are to be included in the asking price. This includes vehicles used for the business.

Property information

Real Estate:

Lease

Premises details:

The sale involves 3 buildings, 2 retail sales and service stores and a 10,000 SF leased warehouse used for tire storage. These are owned with option to buy or lease. The main store has 15 bays with 4 dedicated to mechanical service and 3 additional bays in the commercial truck alignment center. The second store has 4 bays with one dedicated to auto service. Both the locations are on highly prominent streets with very high daily traffic count. The owners would consider a long term lease for the facilities. There is a staff area, an office and a storage area at each location. R/E valued at 1.38M Available for negotiation

Other information

Expansion potential:

A new owner may want to consider adding outside sales person or opening an additional store in the area to increase profits.

Competition / Market:

53 years in business, largest selection of tires in the area, emergency roadside assistance , excellent reputation and customer service keep customers coming back!

Support & training:

Management team in place. All employees would prefer to stay on after the sale. Owner will stay for a reasonable transition to acclimate new owner to area, business and customers.

Reasons for selling:

Retirement

Trading hours:

Days: Monday - Friday
Hours: 7:30am - 6:00pm,
Saturday 8:00am - 2:00pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

20% financing negotiable

Furniture / Fixtures value:

$450,000 (included in the asking price)

Inventory / Stock value:

$720,000 (included in the asking price)