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Busy Tire Shop In New York For Sale

New York, US
Asking Price:
$599,000
Sales Revenue:
$1,300,000
Cash Flow:
$200,000

LISTING ID # 36108

Established in 1985, this standalone tire and express alignment shop boasts a prime location on a bustling thoroughfare, ensuring maximum visibility and heavy traffic flow. Recently updated by an absentee owner, the shop features top-notch equipment, restrooms, a showroom, and a dedicated staff. This presents an excellent opportunity for a hands-on buyer to capitalize on its potential, potentially yielding a net profit of $300k for a dedicated entrepreneur. With ample room for expansion in mechanical services and roadside assistance, this rare gem in the market offers tremendous growth prospects. The seller will sell the property alongside the business for an additional $1.3 million. Yearly sales taxes are $20,000. Serious buyers are encouraged to contact the broker for further details, as favorable lease terms are available for those who act swiftly.

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Business Operation

Reasons for selling:

Other interests

Employees:
5 FT
Years established:
40

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

400,000.00 Down & $199,000 for 4 years @ 6%

Furniture / Fixtures value:
$60,000
Inventory / Stock value:
$50,000