A Tire Store Franchise which is Thriving

CA

A Tire Store Franchise which is Thriving
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Asking Price: $725,000

Cash Flow: $288,061

Gross Revenue: $1,358,279

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $7,500 per Month

Established: 2015

A Tire Store Franchise which is Thriving

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Business Description

SBA qualified: Thriving Tire Store Franchise

This is a Major Tire Franchise Store, earning more than $225 in EBITDA last year with a track record of increased sales yearly, including last year despite the COVID-19 pandemic. In 2020, over $180K was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts, and equipment, to accommodate the ever-increasing sales and profits. This store is located on prime property, across the way from a Starbucks and nearby hospital, on a busy thoroughfare. The landlord is willing to sign a new 15-year lease with options, totaling 30 years. Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires nationwide standing behind them to support their success! SBA financeable. 10356

Detailed Information

Real Estate:
Leased
Building SF:
4,085
Lease Expiration:
N/A
Employees:
6
Facilities:
New lease 15 years + 3x5 year options total 30 years, Down Payment $79500 Business hours Monday thru Friday from 8 am to 5 pm, Saturday from 8 am to 4 pm Sunday closed, SBA aproved
Support & Training:
40 hours total for 1 week
Reason for Selling:
Wants to raise cash
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Michael Floorman

Business Listed By:
Michael Floorman

BTI Group/Business Team


Sponsoring Broker:
Business Team BTI Group

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