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Tire & Brake Center, Real Estate For Sale - Riverside Count, California
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Profile: Well Established Tire/Brake Center.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Steve Peters, Broker
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| Primary Phone: |
951-415-2939 |
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| Alternate Phone: |
951-273-1126 |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/18/09 |
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| Date Last Revised: |
10/18/09 |
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| BizBen Ad #: |
146507 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$725,000 |
| Down Payment: |
$250,000 |
| Annual Revenue: |
$665,000 |
| Annual Adjusted Net: |
$80,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Yes |
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Description:
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When Has There Ever Been A Better Opportunity To Acquire An Automotive Business With Property. With The Economy Starting A Gradual Comeback, People Will Start To Do Those Repairs They Have Been Putting Off. Also, Competition Is At Its Lowest With Competitive Shops Closing Down. Finally, The Acquisition Of Land While It Is Affordable Is A Great Investment In Itself!
This Is A Great Opportunity To Own This Established Business And Property In An Area Structured By The County As A Refurbishing Area. In Addition To The Regular Customers, There Are Hundreds Of Untapped New County Employees Right Next Door! This Mature Tire & Brake Center Normally Posts Year-Over-Year Growth And A Six-Figure Income For The Seller. Although The Slower Economy Has Taken It's Toll In The Last Year, The Income Is Still Substantial, And The Potential To Grow That With Added Services Is Tremendous. Right Now, They Only Do Tires, Brakes, And Alignments. Imagine The Possibilities If You Were To Add Body Work, Smog, Oil/Lube, Or Any Other Of A Number Of Services To This Business. The Seller Owns The Property And Is Selling The Property With The Business. The Business Currently Utilizes About Half Of The 0.9 Acres Owned By The Seller, So The Opportunity To Convert This Mom-N-Pop Shop Into An Automotive Plaza Is Only Limited By Your Imagination. You May Never See Another Opportunity Like This Come Around! The Business Has 4 Employees And Brings The Seller A Great Income. The Opportunities For Growth: New Potential Customers From The County, Opening The Business On Mondays, Adding More Services, Etc. Area: Western Riverside County
General Information
Facilities: The Building Is An Older Building Of About 1000 Square Feet. There Are 4 Bays And Plenty Of Physical Space. The Back Half Of The Property Is Fenced And Has No Structure. The County Has Financial Incentives For Demolition Or Facade Improvement On A First Come, First Served Basis. The Location Itself Is On A Major Roadway With Newer High Dollar Homes Situated Such That The Most Likely Route To The Freeway Would Be Along This Roadway Past This Business.
Competition: Because Of The History Of This Business, It Is The One That Competition Worries About. Adding New Services Will Only Solidify This Business As The Automotive Shop For The Area.
Growth And Expansion: This Business Currently Only Offers Tires, Brakes, And Alignments. With The Available Land That Comes With This Acquisition, There Is A Tremendous Opportunity To Add Services And/Or Create The Space To Lease Out Those Functions.
Support/Training: Seller Will Train For One Complete Month.
Reason Selling: Seller Wishes To Move Out Of Ca.
Year Established: 1969
Employees: 4 Ft.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Steve Peters, Broker at 951-415-2939 or 951-273-1126 |
See All Our Other Businesses For Sale We Have Available
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