Tire Sales & Service Center For Sale

Business description

This business has generated consistent and improving revenues since it first opened its doors for service.
The current owner has improved the customer mix and profit margins during his 12 years of ownership.
Even with a fulltime manager and a fulltime assistant manager on the payroll, the labor costs are better
than the industry benchmark. Both of these key employees have been in this store for many years and
both would like to stay on with the new owner. The real estate is located on a corner lot and the adjacent
real estate is being purchased and improved by the City. This dealership has a strong and established
customer base in the community and surrounding rural areas, servicing automobiles, trucks and tractors.
Over 10 years of business records provide great details regarding products, services and customers. The
local bank is willing to assist a qualified buyer in purchasing the business and real estate.

Property information

Real Estate:

Lease

Lease terms:

Owner will lease or sell the real estate.

Location:

Located in the center of this thriving town and surrounded by the community square and new community buildings, this store has been the "place" to get vehicle tires and service for decades.

Other information

Expansion potential:

An active owner could add service calls to the local farm community, which would be a great help to the farmers when their tractor tire goes flat. 18-wheeler work could be added, since there is a great need and no local choice for such service.

Competition / Market:

The only other tire sales in town is out on the state highway - WalMart. This store for sale has 20 years worth of customer records and long-term managers who wish to stay in place at the store. Well known for a fair deal and quality service work, a new owner has a turnkey operation to take over.

Support & training:

A month of transition training will be provided by the current owner.

Reasons for selling:

Other Business Interests

Financing available:

Seller may consider financing of real estate if Buyer wants to purchase rather than lease.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$100,000