Asking Price: $575,000
Gross Revenue: $947,412
Cash Flow: $110,900
FF & E: $129,000
This Company has been in business for more than 70 years and has a well-established repeat customer base. In addition to tire sales and service, this business also performs oil changes and other light mechanical work. Business is fully equipped with three bays, one lift, alignment machine, and tire balancers. High traffic location in a rural, North Georgia town. Staff includes 5 full-time personnel, consisting of the owner/manager, a mechanic, 2 techs and 1 assistant manager/general service person. Bookkeeper works part-time. The Company has a reputation for honest, competent work.
The building and property are available to purchase (optional) for an additional $310,000. Owner is willing to lease property and building in lieu of real estate purchase.
- The Company has an active customer base that exceeds 300, with more than 60% being repeat business.
- Experienced, long-term employees that would stay on post-acquisition.
- Outbound Marketing: Establishing an online presence, by adding a website and social media, could expand the customer base and increase revenue.
- Additional Services: Adding and promoting services, such as towing and roadside assistance, could provide additional revenue streams.