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Tire Store Franchise With Re
A major franchise doing business in the mid-Sacramento River Valley. Opened in 2017, sales have risen dramatically as the store continues to establish its customer base. 2019 revenues are up 65% compared to last year’s YTD. In addition, 2020 profits are forecast to exceed $360K as revenues continue to climb upwards. The profits quoted are after the SBA debt service on the real estate purchase. Rather than pay rent, be your own landlord and build equity in a completely refurbished building right in town! The acquisition price includes $675K for the business + $70K inventory + $1.2M for the R.E., together with the buyer’s $292K down payment for pr-approved SBA financing. Reason for sale: The owners have moved from area and are raising cash to plan future ventures.
Real Property Included
mid-Sacramento River Valley
A 4,085 sq. ft. bldg. on a .41-acre plot. This hard to find “special use” property is occupied by a major franchise. In 2017 the building was completely refurbished, top to bottom, inside and out, and with new equipment and fixtures installed.
With the franchiser's permission, the owner could open a second location in the same metro area.
Limited competition in a smaller city
Owners moved from area
Buyer not allowed to own competing businesses.
4 weeks by franchiser, 1 week by seller, 3 weeks on site point of sale training by a third party vendor.
SBA Financing of business, real property, and inventory with $292K down.
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