Are you looking for an amazing opportunity to purchase an independent tire and auto repair center with annual sales that have averaged $1,705,000 for the past three years, reaching $1,756,800 in 2017? Over this period, this highly profitable business has averaged $253,000 in cash flow for an active owner/operator, affording a lucrative salary after debt service. The Business is in one of the fastest growing areas of Solano County, along the I-80 corridor, and well established with 20 years of goodwill, excellent reputation for customer service, wide selection of name brand tires, and a loyal clientele.
The Business comes complete with the state-of-the-art alignment and balancing equipment, along with complete auto repairs, including brakes, oil change, engine performance, Smog Check, steering and suspension, starting and charging, and heating and cooling. The 6,200 square foot building has ten service bays and nine lifts, storage area for tires and parts, a customer reception area, private office and plenty of outside parking. Experienced team of Sales Associates and Technicians are trained to work independently and will support an entrepreneurial new owner who wishes to further grow the business. The Business has excellent Internet reviews. The Seller will provide training and support during the transition period.
The Asking Price for this highly profitable Business is $925,000, plus $35,000 in inventory. The Business pre-qualifies for 90% Bank/SBA financing for 10 years. The owners wish to retire after building a successful business over more than two decades. The Sellers own the building and will provide the Buyer a long term lease and/or an option to purchase the real estate.
With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a highly respected business in the community.