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General Tire & Auto Center Established 60+ Years For Sale

Broward County, Florida, US
Asking Price:
$525,000 Inventory / Stock included
Sales Revenue:
$1,407,496
Cash Flow:
$182,508

Historic general tire & auto center in the heart of Broward County. True retirement sale. Established in 1961, this independent free standing repair facility has been owned by the same family for more than 40 years. Handles most cars, trucks & SUVs. 4 bays, fully equipped, all above ground lifts. Major brand tire & wheel dealer. Unique location with virtually no local competition. Experienced staff includes G.M., front end tech, line mechanic, 3 tire techs and PT bookkeeper. Approx. 30 fleet accounts + a loyal customer base going back for decades. Full tax return records-Should qualify for E2 Visa investment. Below local market rent. All equipment is transferred free & clear; owner will agree to extended transition if needed by Buyer. Contact listing broker for financial details. 2021 financials showing net of $182,508 have been annualized from 9/30/21 P & L. Please refer to listing & ask for Randy Bring when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

3400 SF freestanding CBC building @ $3,200/mo.

Location:

South Florida

Premises Details:

3400 SF freestanding CBC building @ $3,200/mo.

Business Operation

Expansion Potential:

Unlimited

Competition / Market:

Unknown

Reasons for selling:

Retirement

Trading hours:

M-F; 8A-4:30P

Employees:
7
Years established:
60

Other Information

Support & training:

Seller will train for 2 weeks

Inventory / Stock value:
$5,000 - included in the asking price

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