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- RE: Established, Successful Tire & Auto Repair Shop
- Contact: John Maslanik
Quick Facts
Asking Price: | $345,000 | |
Annual Revenue: | $630,307 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $89,707 | |
Total Debt: | Not Disclosed | |
FF&E: | $171,480 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 5 | |
BBN Listing #: | 951070 | |
Broker Reference #: | 7602-18474 |
Business Overview:
The company was started in 2017 when the owner purchased an existing automotive repair shop. With his 20+ years of experience managing tire stores for a major franchise operation, he immediately went to work building the tire shop side of the business. Success came quickly with a focus on exceptional customer service, fair prices, and quality mechanical work done on time. Key customers are local residents and businesses, including over-the-road trucking companies, farmers, and city, county and federal government motorpools. Half of the business revenue comes from tire sales and half from general mechanical work.
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Property Features and Assets:
The business operates from a former Buick car dealership with office spaces, a showroom, and 5 service bays. In addition, there is a 2nd building with 5 bays that is currently used as storage space but can be re-purposed for future service expansion. The site occupies almost 3/4 acres with paved parking on the principal commercial street running directly to the town from I-90, a few miles away.
Assets = $245,980
Market Competition and Expansion:
Competition is light by industry standards with only one other tire store in town, one full mechanical repair business and one GM car dealership.
The opportunity for growth is significant. The surrounding county has numerous seasonal recreational opportunities from hunting, fishing, hiking, and skiing, but also from three golf courses. Many residents of Montana have second homes or vacation homes in the area. The mining heritage of the city attracts tourists and provides a foundation for a growing range of entrepreneurial businesses.
Reason for Selling:
The owner would like to retire and pursue other activities.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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