A THRIVING TIRE STORE FRANCHISE!

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
10356 - Franchises

Location:
Northern California - Central Valley

A THRIVING TIRE STORE FRANCHISE!

Business Description:

Major Tire Franchise earned more than $280K adjusted net profit in 2020 despite the COVID-19 pandemic. Opened in 2017 in a completely renovated building, the store has increased its sales and profits yearly. The take-home profit for 2021 is forecast to be $360K+. Several months ago, over $180K was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts and equipment, to accommodate the ever-increasing sales and profits. This store is located on prime property, across the way from a Starbucks and nearby hospital, on a busy thoroughfare. The landlord is willing to sign a new 15-year lease with options, totaling 30 years. Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires nationwide standing behind them to support their success! SBA pre-approved financing offered at 10%-15% down.


Asking Price: $725,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

3 Months Ended

3/31/2021

$306,892
(Sales)

$90,060
(Adjusted Cash Flow)

P&L Statement

12/31/2020

$1,358,279
(Sales)

$280,878
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$1,274,348
(Sales)

$263,878
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$868,428
(Sales)

$165,630
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 6 0
Owners 0 2

Hours of Operation
Mon-Fri 8am-5pm; Sat-Sun closed

Licenses Required:

  • B.A.R.
  • Business
  • B.O.E
  • Environmental

Lease

Monthly Rent Including NNN:
$7,920

Expires:
2036

Option:
For 15 years

Size(sq.ft.):
4,085

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Raising cash

Training:
5 weeks 40 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.