MergerPlace

Franchise Tire & Auto Repair Store

Kentucky (Fayette)


  • Asking Price: $245,000
  • Gross Income: $1,416,923
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $122,246
  • FF&E: $117,459
  • Listing ID: #210532
  • Established: 2011
  • Employees: 10 FT

Business Description

This is a well established franchised tire sales and auto repair service facility located in one of the largest cities in the state of Kentucky. The company provides tire service and repair as well as general automotive services, including oil and fluid services, brakes, batteries, suspension and front-end alignment services. The company has a very experienced staff, including 1 general manager, 2 mechanics, 5 FT tire technicians, and 2 sales people. The building is located on a very busy street. Owners are absentee and looking to transfer ownership to someone who has the ability to provide more consistent oversight. The business is not currently cash-flowing and is being sold as a turnkey asset sale.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Kentucky
County: Fayette

Company Information

Year Established: 2011
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 10 FT

Financial Information

Asking Price: $245,000
Gross Revenue: $1,416,923
FF&E: $117,459
Inventory: $122,246
Seller Financing Available: No

Property Information

Facilities:

The 7,300 square foot stand-alone location has 8 bays and 8 lifts.

Growth & expansion opportunities:

Given this company's well positioned location and the expected continued growth in the demand for auto repair services, this operation is in a prime position to provide profitable growth for many years to come.

Competition:

While there is competition in the marketplace, the franchise's name and brand recognition coupled with this location's history for providing exceptional service sets this operation apart from its local competition.

Reason for selling:

Owners wish to pursue other business interests.

Support & Training:

Will train for 4 weeks @ $0 cost. This business requires a general business license, approval of the franchise agreement with the franchisor and an experienced staff of technicians to provide tire repair/replacement and general automotive repair.

Contact Business Seller

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Business Listed By:

Craig Sanford

Murphy Business Brokers