Contact: M. Nikoo At 650-400-4478 Cell , 408-385-0414 - Also Email This Contact Below
Asking Price: $1,395,000 Down Payment: $209,000
Annual SDC: $469,949
Annual Gross: $2,202,493
Attributes: Semi-Absentee Run, Training & Support, SBA Loan Pre-Qualified
Major Tire Franchise which earned more than $400,000 in EBITDA last year, with a track record of increased sales yearly, including 2020 despite the COVID-19 pandemic. Last year, over $300,000 was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts, equipment, and signage, to accommodate the ever-increasing sales and profits.
Additionally, this store has been in business for over 30 years and is located on prime property, directly next to a newly built Starbucks and nearby hospital, on a busy thoroughfare. Landlord is willing to sign a new 15-year lease, with options totaling 30 years.
Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires nationwide standing behind them to support their success! Pre-approved SBA financing with $209,000 Down.
To get more information about this Franchise Retail Tire Outlet - High Net, Absentee business for sale in
Northern California please phone M. Nikoo (Agent - BRE License #:01129107) at 650-400-4478 Cell and 408-385-0414 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #266160 on BizBen.com. In addition to phoning
M. Nikoo, make sure you email M. Nikoo above to get more info about this
Franchise Retail Tire Outlet - High Net, Absentee, to ask any questions or request an appointment to see this
business for sale. Thank you.