Profitable Complete Tire & Automotive Care business for sale

Financial Information

  • Asking Price: $1,350,000
  • Gross Revenue: $2,008,353
  • Cash Flow: $211,777
  • Down Payment: 0
  • FF&E (Included): $247,383
  • Inventory: $37,067
  • Financing: No

Business Location

  • Confidential
  • Iowa
Primary Business Category: Automotive Repair and Maintenance

This is an exceptional opportunity to buy an established, very profitable business for sale. This turn-key complete auto service and tire sales business is located in Iowa. Family owned and operated for over 3 decades, the owners continually grow the business, which has provided them a good living. This multiple-bay shop is capable of servicing all makes and models- including vans and full-size pick-up trucks as well as company fleets. As a tire dealer, they are able to offer numerous brand options to their customers due to strong manufacture relationships. They have built a solid reputation by providing quality service and have developed a very loyal fleet and customer base over the years that also provides great repeat business. This operation is Windows 10 compatible and has continued to upgrade all equipment and software to maintain industry compliant. The owners are wishing to retire and are looking for a qualified buyer. Candidates for this opportunity might be an individual with a background in management, and/or automotive service who would operate and/or manage the business. Other candidates could be existing technicians and/or tire suppliers who would like to expand their footprint in the marketplace and acquire this business's referral and repeat customer base. All furniture, fixtures and equipment as well as inventory will be included in the sale. The owners are willing to help train during a transition period to be agreed upon with the new owner. Reliable mechanics are expected remain in place for a new owner. A tenured sales and service staff trained in day to day operations which include marketing, equipment maintenance and sourcing, software system knowledge and more, are expected to remain in place for new owner. Real estate is available at the estimated fair market value of an additional $450,000. A confidentiality agreement/non-disclosure will be required before detailed information is disclosed. If you have are interested in learning more, please contact Megan Cox at [email protected] or 563-940-1255.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1989
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $450,000
  • Real Estate Asking: $450,000
  • Days Open: Monday-Saturday
  • Hours Open: 7:30 AM- 5:30 PM
  • Fulltime Employees: N/A
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Moline - Quad Cities

Contact: Megan Cox
Office Phone: 309-764-1955
Mobile Phone: 563-940-1255
Listing ID: QUADCIL001-N548

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