Tire Sales, Auto Repair & Body, Includes Property! (37773B)

Financial & Assets Details

About the Business

Business Description

Located in Northern Florida, this listing specializes in tire sales for over five quality brand names, as well as auto repair, maintenance and auto body for cars, RVs/SUVs, and light, medium or heavy-duty trucks. Attracting its 3rd generation, this multi-licensed company services Local Communities (70%), Businesses (20%), and Government Entities (10%), offering a wide range of automotive care and equipment repairs to most types of commercial machinery. The prime location totals 16,000 square feet of operations that features 14,500 sq. ft. of repair bays, 1,500 sq. ft. of administrative space and a 6,000 sq. ft. Paint & body add-on. Valued at $2,500,000, the property is included in the Listing Price and in great condition with a parking lot, able to handle extra capacity for future expansions. Benefited with vast industry experience, a collection of 16 reliable nonunion employees agree to remain post-sale and continue their streamlined procedures as sellers stay during a pre-negotiated transition period under management roles. Besides maintaining a website and Facebook engagements as self-promotion, many potentials for digital or print marketing exist, as current efforts center on strong reputations and backing referrals from a large and recurring customer base. The stable projections for 2021 gross Sales estimate $2.15M, as Total Revenues for 2020 summed $2,075,000 alongside Discretionary Earnings over $315,000.

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Property is included within the Asking Price!

Support & Training

Pre-Negotiated Owner Transition period under management roles.

Reason for Selling:

Approaching retirement and/or pursuing other interests.