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Business for Sale Summary

Busy Tire Shop for Sale in New York - 36108

Business Type: absentee business,auto repair,automotive dealers/ auto retail,owner financing available,auto/truck mechanical repair
Owner Financing
Busy Tire Shop for Sale in New York
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This business has received 220 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $599,000 Down Payment $400,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

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

Business Description

Established since 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. 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 Broker Jim Aloi at 631-375-4100 for further details, as favorable lease terms are available for those who act swiftly.

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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.