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Well-Stocked Tire Retail and Auto Repair Business (37652)

AutomotiveFor Sale in PA

Listing ID: Well-Stocked Tire Retail and Auto Repair Business (37652) | Broker Listing ID: BLP048653

Financial & Assets Details

$2,903,000
$201,000
$120,000
$300,413
Yes
$1,000,000
43,000+/-

About the Business

Started in 1948; acquired in 1979.
14 nonunion.
Yes

Business Description

Stable revenues and real property included! With two locations, this well-established retail operation in Western Pennsylvania specializes in the sale of consumer, commercial, farm, industrial, and OTR tires from a variety of respected brands. They offer sales and installation of wheels including alloy, steel and chrome from machine, casted, custom or forged manufacturing processes. As a Certified Napa AutoCare Center, vehicle maintenance for all types of cars, light trucks, SUV’s and vans account for 30% of sales. This includes exhaust, steering and suspension systems, retreading service, brake repairs, alignments, diagnostics and state inspections, preventive transmission work, tire balancing and rotations, welding, propane pumping, and much more. Offering mobile repair and free pick-up and delivery from two facilities totaling 43,000 square-feet, the properties are both included in the price and capable of handling additional capacity. They feature large shops with 4 & 5 lifts, a showroom and an office. With a skilled team of 13 nonunion employees and a longstanding proven track record, marketing efforts focus on offering tire sales (70%) and auto repair services (30%), throughout Cambria County and surrounding counties. Benefited by a large repeat client base and a strong multi-local reputation, grosses increased 32% from their $2.1 Million in 2020 and $105K of SDE’s, Total Revenues in 2021 reached $2,903,000 alongside Discretionary Earnings of $201,000. Based on an independent evaluation!

Seller Financing

Negotiable for the right buyer.

Location Details:

Dual properties valued can be purchased separately or alongside the Asking Price!

Support & Training

Owner Transition period of up to 18 months.

Reason for Selling:

Approaching retirement.

Listing ID: Well-Stocked Tire Retail and Auto Repair Business (37652)

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