Highway Frontage Auto Repair & Tires! (37773C)

Financial & Assets Details

About the Business

Business Description

Serving its local population in Northern Florida, this retail operation specializes in Tire Sales (60%) for over five quality brand names, as well as Mechanical Repair and Maintenance (40%) for cars, SUVs, and light or medium trucks. With a strong reputation bringing in a third 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 10,600 square feet of operations, 1,600 sq. ft. of office space and 9,000 sq. ft. auto repair shop and warehousing. Situated along a heavy-trafficking highway, a long-term lease is available. Benefited with vast industry experience, a collection of 10 reliable nonunion employees likely 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 going back 3 generations, and backing referrals from a large and recurring customer base. While Listing comes with Payables of $33,284, stable projections for 2021 gross sales approaching $3 Million, as Total Revenues for 2020 summed $2,843,000 alongside Operating Income over $300,000.

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Includes Payables of $33,284

Support & Training

Pre-Negotiated Owner Transition period under management roles.

Reason for Selling:

Approaching retirement and/or pursuing other interests.