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Business for Sale Summary

Auto Repair Business for Sale in Essex County, MA - 31218

Business Type: retailing businesses,gasoline service station,misc. retail/non-classifiable,service businesses,auto/truck mechanical repair,repair services,auto repair
Auto Repair Business for Sale in Essex County, MA
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Financial Information (non-confidential)

General Information
Asking Price $130,000 Down Payment $130,000
Gross Revenues $250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View

Financing

$130,000 Down and Will finance 50% of inventory to qualified buyer

Business Description

Known for having one of the largest selections of new and used tires. Have over 5000 tires in stock! 75% of their business is the sale of used tires. "The used tires are almost new"! Sell wholesale to taxi companies, other tire companies, used car dealers, and owners of fleet cars. Also sell internationally. Recently sold 1000 tires to a customer in the Dominican Republic. They do all wheel related service as well as exhausts and routine maintenance. Have 2 lifts and 4 tire machines. Possibly adding a wheel alignment machine. Great opportunity to expand this reputable business by developing an internet presence. Currently does not have a web site or any social media presence. Also is subletting space where a new owner could take over and expand services offered. Owner says make a reasonable offer as is ready to sell

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.