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Great Opportunity! Auto Repair Tire Retail with 2 Stores

AutomotiveFor Sale in CA

Financial & Assets Details

$1,576,356
$138,660
$242,750
$30,000
Yes
16,000+/-

About the Business

1923
1 FT / 9PT

Business Description

Well Established Auto Repair and Tire Center with 2 Locations for Sale

The business was established since 1923, has been a Good Year independent retailer and carrying parts from other brands as well.

The business has two locations and is far more than a tire center: with its ASE certified technicians and general repair crew, the stores provide service from alignment, oil change, brake repair, a/c repair, general safety inspection and maintenance to a complete engine overhaul. The repair services currently contribute 80%+ of the sales.

The current owner’s responsibilities include accounting and hiring, while two store managers take care of daily operations. The senior technicians have served the company for more than 15 years and willing to stay. The Asking Price includes estimated $242,750 FF&E and Inventory.

The stores enjoy 4.5 ratings on Yelp. Ideal for a buyer looking for EB1/L1 visa status. No Franchise Transfer Fee and Royalty need to be paid.

Past Years Performance:

2019 Sales: 1,576,356
2018 Sales: 1,800,000
2017 Sales: 2,282,574
2016 Sales: 1,881,848
                     

Support & Training

4 weeks with 40 hours a week

Listing ID: LA04855

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