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.
- Asking Price:
- $525,000 Inventory / Stock included
- Sales Revenue:
- $1,407,496
- Cash Flow:
- $182,508
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
