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Listed by:

BTI Group

Broker license number: 00994507

Tire Store In Sacramento For Sale

Sacramento, California - North, US
Asking Price:
$675,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,302,654 (USD)
Cash Flow:
$229,607 (USD)

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.

Property Information

Real Estate:

Real Property Included

Location:

mid-Sacramento River Valley

Premises Details:

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.

Business Operation

Expansion Potential:

With the franchiser's permission, the owner could open a second location in the same metro area.

Competition / Market:

Limited competition in a smaller city

Reasons for selling:

Owners moved from area

Employees:
8
Years established:
2017

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Buyer not allowed to own competing businesses.

Other Information

Support & training:

4 weeks by franchiser, 1 week by seller, 3 weeks on site point of sale training by a third party vendor.

Financing available:

SBA Financing of business, real property, and inventory with $292K down.

Inventory / Stock value:
$70,000 (USD)

Contact Information

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