Tire & Automotive Center
Location Oklahoma,United States
Asking Price Range $250K - $500K
Gross Revenues $710847
Net Profit / Cash Flow $120841
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1972
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Owner will train.
Reason for Sale Owners wish to retire.
Description Our Client operates an independent facility committed to offering the most professional auto service and repair in the area. The Company is an authorized name brand dealer and offers new and used tires. ASE Certified technicians provide a full range of preventative maintenance and repair services.
In 2007, new tire sales provided 36% of revenues. Superior workmanship, dedication to customer service and competitive pricing contribute to a repeat business of 80% - 90%.
Facilities are owned by Company, estimated value of $425,000. Main building is 5,288 sq ft which includes office, loft and 6-bay service area. 5 bays are active and 1 is used for storage. Additional storage building is 374 sq ft.
This is an opportunity to acquire an established and successful tire and automotive company and should be of interest to anyone looking for a sound investment. Adjusted EBITDA as a percent of sales has increased from 13.5% in 2003 to 17.0% in 2007. A buyer with appropriate capital can further increase profitability with expansion of product line. Contact for more information on this Tire & Automotive Center for sale. SBA approved for qualified buyer.
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