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Business for Sale Summary

Retail Tire and Service in Orange County, TX - 33272

Business Type: auto repair,auto/truck mechanical repair,automotive dealers/ auto retail
Retail Tire and Service in Orange County, TX
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This business has received 31 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $200,000
Gross Revenues $3,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and Terms to be negotiated with qualified buyer

Business Description

This is a family owned business for over 50 years the owner is looking to retire. Will stay on to train new owner. There are two locations that are full service auto repair, with tire sales and service. Staff is fully trained with managers in place that can make this an absentee opportunity. Business also provides Mobile Service Repair Trucks with 3 trucks ready to go. Stationary Forklift Tire Press which is the largest in the area. Custom built Mobile Press for a niche market with plenty of extra profit opportunity. Owner is very flexible and willing to entertain possible financing/leasing options. Owner owns the property and is will to sell the real estate for an additional $700K or lease with favorable terms. Call Mike Perdue today.

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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.