MergerPlace

Long Standing Tire Shop

Texas


  • Asking Price: $660,000
  • Gross Income: $730,994
  • Cash Flow: $141,130
  • Real Estate: Not Disclosed
  • Inventory: $170,000
  • FF&E: $50,000
  • Listing ID: #213498
  • Established: 1959
  • Employees: 3 FT

Business Description

A well established tire shop with years of healthy financial numbers. Located on a busy Texas highway that thrives on the thousands of travelers passing through.


Business Details

Primary Business Category: Services - Other Services
Location: Texas

Company Information

Year Established: 1959
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $660,000
Gross Revenue: $730,994
Cash Flow: $141,130
FF&E: $50,000
Inventory: $170,000
Seller Financing Available: No

Property Information

Facilities:

1.4 acre lot with 40x60 shop, 30x50 metal building for back stock, & 1,600 sq ft house.

Growth & expansion opportunities:

There is a lot of opportunity for a new owner. The shop can offer new services like oil & filter changes, muffler & wheel sales, & alignment. There are no large cities within 80 miles so offering more services will broaden the market to reach more customers.

Competition:

There is only one other competitor within 30 miles of the shop.

Reason for selling:

The owner wants to retire an relocate with family.

Support & Training:

Will train for 4 weeks @ no cost Basic automotive experience -- bearing & hub work, tires & balancing, roadside assistance.

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:

Zach Elfallah

Murphy Business Brokers