Tire Shop

Tire Shop

Available

$1,500,000.00

Listing Number :

 6319

Status :

Available

Price :

$1500000

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Description

This is an amazing opportunity to buy and run this high performing and historical tire/mechanic shop in Los Angeles. It is one of the biggest and highest producing shop in the county. This business has a long and decorated history and is run by a very respected family in the industry. The business is very well maintained and operates  with 16 bays, 10 in-ground lifts, 1 above ground lift, 4 tire changers, 4 tire balances and 2 alignment racks. The business typically operates with between 25-30 employees at any given time. There are 20 immediate parking spaces available to customers, with more available spaces with an agreement with a neighboring business. There is an upstairs office for the manager/owner-operator and a large waiting room for customers. The shop is specially equipped to work on dualies and specialized vans, which is rare in the area and allows for contracting opportunities. Per seller, the shop does between 40,K to 50,K a month from alignments. Per seller, prior to the pandemic, the gross revenue would average between $450 – $500,k a month.

For more information please call the agent; Kyan Soleimani @ 805-428-8314

#6319

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 1977
Year Purchased:
Business Type: Tire shop & Repair
License(s) Required: business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6319
Date Available: 12/10/2020
Reason For Sale:
Annual Total Revenue: 4800000
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent:
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 1500000
Owner Will Carry:
Other Finance Terms:

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