Long-standing, Profitable, Absentee Operated Tire Shop, with Real Estate Included
Automotive & Boat Businesses for Sale
- Primary Category: Auto Repair & Service Shops for Sale
Confidential Tire Shop Sale – Primarily Commercial Customers, Semi-Absentee Operated
Location: Central North Carolina
Asking Price: $270,000 + Inventory (Business)
Real Estate: $650,000 | 2.3 Acres | ~5,000 sq. ft. shop/office | ~2,500 sq. ft. warehouse | Appraisal Available | 5 Bays, 3 Lifts
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Business Overview
• Established: Longstanding, Multi-decade operation
• Reason for Sale: Owner inherited after father’s passing but doesn’t want it
• Owner’s Role: Absentee
• Transition: Shop manager aware of sale, willing to stay on and assist with training; seller supportive of smooth transition
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Financial Highlights
• Annual Revenue: ~$1,000,000
• EBITDA: ~$170,000 (Note: figure shown prior to adjustment for rent/mortgage; buyer should account for market occupancy cost)
• 3-Year Trend: Consistent revenue, stable performance
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Operations Snapshot
• Employees: ~7, including experienced shop manager
• Services: Tire sales, alignments, general repair & fleet service
• Customer Base: Primarily fleet and commercial accounts
• Equipment:
o Multiple Tire Changers
o Balancers
o Lifts
o Alignment Machine
o Service Trucks
o Additional details available upon request
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Property Information
• Ownership: Included in sale (separately priced)
• Specs: 2.3 acres | 5,000 sq. ft. shop/office | 2,500 sq. ft. warehouse | 5 bays, 3 lifts
• Location: Highway frontage in active commercial corridor with heavy daily traffic
For more information, please complete inquiry form and/or contact Adam Ezell at [email protected]
Financial Information
- $820,000 Asking Price
- $170,000 Cash Flow
- $1,000,000 Gross Revenue
- N/A Down Payment
- Yes Financing
- $170,000 Adjusted EBITDA
Business Location
- City: Central North Carolina
- State: Confidential
Financing Comments
- SBA is willing to finance for the right buyer - auto shop experience. At this price point, you are practically just buying assets for a business with over $1 million revenue. An incredible opportunity.
Reason for Sale
- Owner inherited the business but does not wish to be tied to it any longer.
Detailed information
- Year Established:
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: Yes
- Full-Time Employees: 7
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: 2
- Inventory Included: Yes
- Inventory Value: $90,000
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $650,000
- FF&E Included?: Yes
- FF&E Value: $150,000
Training/Support
- Owner and manager will stay for as long as necessary to ensure smooth and proper transition.
Facilities
- The inventory is high because of the high value tires currently in inventory. Some of the vehicles serviced have tired worth as much as $6000 per tire.
Market Outlook/Competition
- The tire shop has strong brand recognition in the local and surrounding community. It is well known for performing fleet maintenance and still has opportunity for growth. With the large plot of land and pole barn in the back, this would be a great opportunity to start a towing business. It has previously served in that capacity.
Real Estate Description
- 2.3 acres with 5000+ square feet of office/sales/shop space and 2500+ square feet of pole storage barn space. Large parcel of land free and available leasing, utilizing as a towing lot, or further development.
Business Listed by
Adam Ezell
Sunbelt of Greensboro/High PointContact Business Broker
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