MergerPlace

High Volume Retail Tire & Service Center

New Mexico


  • Asking Price: $980,000
  • Gross Income: $2,508,475
  • Cash Flow: $341,705
  • Real Estate: Not Disclosed
  • Inventory: $5,983
  • FF&E: $343,276
  • Listing ID: #200824
  • Established: 2001
  • Employees: 12 FT/1 PT

Business Description

Please contact listing Broker for detailed 45 page CIM with a breakdown of the current owners.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: New Mexico

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12 FT/1 PT

Financial Information

Asking Price: $980,000
Gross Revenue: $2,508,475
Cash Flow: $341,705
FF&E: $343,276
Inventory: $5,983
Seller Financing Available: No

Property Information

Facilities:

Facility among the largest in the area with recent construction and modern amenities. Includes storage, large garage area and an office.

Growth & expansion opportunities:

The area is among the fastest growing in the state and enjoys a demographic with some of the highest income in the metro area. YTD financials have shown growth that should continue through the rest of the year, and the Company is large enough to serve as a platform for additional service shops.

Competition:

Area competitors include national chains and some smaller independent shops, however this shop has a very high volume for the area. Specific details are available upon request.

Reason for selling:

Current Owner intends to retire.

Support & Training:

Will train for 12 weeks / $10,000 cost. Experience in Automotive industry a plus but not required. Owner does not need to know mechanics skills or be a certified mechanic.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Bruce Burns

Murphy Business Brokers