Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

BTI Group

Broker license number: 01160661

Franchise Tire Stores With Real Estate For Sale

California - North
Asking Price:
$4,650,000 (USD)
Sales Revenue:
$3,283,000 (USD)
Cash Flow:
$804,000 (USD)

A two-store mini-chain in northern Ca.

Store #1: Established thirty years, the store’s revenues have increased steadily during the past five years under the current owner. A roomy, well-maintained building allows for the store’s continued growth and profits.

Store #2: Sales have skyrocketed ever since its Grand Opening in 2017. At that time, the building was completely refurbished inside and out, ground to top. This store is in a town with a population base nearly five times larger than of store #1; thus, over time it will become the bigger store in sales and profits.

The two stores are twenty-five miles apart in the same metro region. The part-time, out-of-town owners provide general oversight remotely.

Each store is situated on a high traffic artery leading into town. Both stores enjoy sizeable revenues from national and local fleet accounts such as Enterprise and Comcast.

Reason for sale: The sellers are raising cash to fund new ventures.

The asking price includes the business and the real estate at both sites.

SBA pre-approved financing includes a twenty-five year note with the buyer’s fifteen per cent down payment.

Property Information

Real Estate:

Real Property Included

Premises Details:

Store #1: 7,850 sq. ft. building on a .75-acre plot
Store #2: 4,085 sq. ft. building on a .41-acre plot

Business Operation

Competition / Market:

Limited

Reasons for selling:

The husband & wife owners have moved away and are raising cash to fund new ventures.

Trading hours:

Monday-Friday: 8am-5pm; Saturday: 8am-3pm; Sunday: Closed.

Employees:
15 FT and 3 PT. Two 2 PT owners work off-site, out-of-town.
Years established:
Thirty

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

$10K transfer fee for two stores; $4K training fee out-of-statem and a $7,500 hardware & software licensing fee including three weeks mandatory on-site software training by a third-party instructor flown in from out-of-state.

Other Information

Support & training:

By Franchisor: 4 weeks. By Franchisee: 1 week.

Financing available:

SBA Financing covers the purchase price of the businesses, the real estate, and the $130K inventory, on a 25-year note, together with the buyer's 15% down payment.

Inventory / Stock value:
$130,000 (USD)

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to BTI Group. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here