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Established Tire Shop In South East Maryland For Sale

Maryland, US
Asking Price:
$349,999 Furniture / Fixtures included
Sales Revenue:
$349,000
Cash Flow:
$194,000

HS Listing ID-65883


Locally Owned and well established Operating for 15+ years South East Maryland

Building is leased at $2500/Monthly

4 years remaining on lease

Lease renewal is available

-Equipment: 2 tire machinery, 1 balance set, 3 trailers for tire transportation, various tools and other machinery.

Inventory/Equipment valued at $80,000

Equipment age is brand new-4 years old

– Employee breakdown: 3 employees

2 full-time Employees

1 part-time employee

Employed for 6-10 years

Owner involvement is bookkeeping and shop presence. No hands on work

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

4 years remaining on lease
Lease renewal is available

Leasehold Rent:

$30,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Employees:
3
Years established:
15+

Other Information

Support & training:

Yes.