MergerPlace

Tire & Service Center

North Carolina (Lee)


  • Asking Price: $374,000
  • Gross Income: $1,102,467
  • Cash Flow: $153,111
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $65,000
  • Listing ID: #200847
  • Established: 2007
  • Employees: 7 FT

Business Description

Well-established, consistent million dollar plus service center in the Sanford, North Carolina area. The company offers tire sales, oil changes, tune-ups, engine and transmission analysis and repair, inspections, car, truck, SUV repair, commercial services, battery replacement, alignments and many more automotive services. This turnkey company is an excellent opportunity for a buyer to step into a growing operation.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: North Carolina
County: Lee

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT

Financial Information

Asking Price: $374,000
Gross Revenue: $1,102,467
Cash Flow: $153,111
FF&E: $65,000
Inventory: $20,000
Seller Financing Available: Yes

Property Information

Facilities:

10 Bays. 7 Fully equipped, 3 for storage. 7,020 square foot facility, sits on 1.15 acres, leaving plenty of room for customer parking. Includes 4 lifts and an alignment machine. The property is available for purchase or lease from a 3rd party owner.

Growth & expansion opportunities:

The company is consistently performing at over one million dollars in sales year after year, a new owner can build in efficiencies and controls, reduces expenses (labor) and waste and build a very profitable company. The new owner can also expand hours of operations, currently the store is only open Monday-Friday: 7:30am-5pm, Saturday: 8am-12pm and Closed on Sunday.

Competition:

Like most automotive service centers there are others nearby, the closest is 1 1/2 miles away, but this facility stands out as it is the only one that sits on the major thoroughfare, with a traffic count of 23,000/day.

Reason for selling:

The owner is absentee, owning three other successful unrelated businesses and is looking to divest.

Support & Training:

Will train for 2 weeks @ no cost. The company offers tire sales, oil changes, tune-ups, engine and transmission analysis and repair, inspections, car, truck, SUV repair, commercial services, battery replacement, alignments and many more automotive services.

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:

Tully Ryan

Murphy Business Brokers