Long-standing, Profitable, Absentee Operated Tire Shop

United States
Asking Price: $820,000
Business For Sale Details
Listed on Jul 8, 2024

Confidential Tire Shop Sale – Primarily Commercial Customers, Semi-Absentee Operated
Location: Central North Carolina
Asking Price: $270,000 + Inventory (Business)
Real Estate: $650,000 | 2.3 Acres | ~5,000 sq. ft. shop/office | ~2,500 sq. ft. warehouse | Appraisal Available | 5 Bays, 3 Lifts

Business Overview
• Established: Longstanding, Multi-decade operation
• Reason for Sale: Owner inherited after father’s passing but doesn’t want it
• Owner’s Role: Absentee
• Transition: Shop manager aware of sale, willing to stay on and assist with training; seller supportive of smooth transition

Financial Highlights
• Annual Revenue: ~$1,000,000
• EBITDA: ~$170,000 (Note: figure shown prior to adjustment for rent/mortgage; buyer should account for market occupancy cost)
• 3-Year Trend: Consistent revenue, stable performance

Operations Snapshot
• Employees: ~7, including experienced shop manager
• Services: Tire sales, alignments, general repair & fleet service
• Customer Base: Primarily fleet and commercial accounts
• Equipment:
Multiple Tire Changers
Balancers
Lifts
Alignment Machine
Service Trucks
Additional details available upon request

Property Information
• Ownership: Included in sale (separately priced)
• Specs: 2.3 acres | 5,000 sq. ft. shop/office | 2,500 sq. ft. warehouse | 5 bays, 3 lifts
• Location: Highway frontage in active commercial corridor with heavy daily traffic

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Financials (USD)

Asking Price $820,000

Cash Flow $170,000

Sales $1,000,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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