A WINNING 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:
10357 - Franchises

Location:
Northern California - Central Valley

A WINNING TIRE STORE FRANCHISE!

Business Description:

Major Tire Franchise which earned more than $470K adjusted net profit last year, with a history of increasing sales yearly, including 2020 despite the COVID-19 pandemic. For 2021, profits are on track to exceed $750K! Recently, over $300,000 was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts, equipment, and signage, to accommodate the ever-increasing sales and profits. This store has been in business for over 30 years and is located on prime property, next to a newly built Starbucks and a nearby hospital and other medical clinics, 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! Pre-approved SBA financing is offered at 15% down.


Asking Price: $1,395,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

4 Months Ended

4/30/2021

$809,730
(Sales)

$246,286
(Adjusted Cash Flow)

12 Months Ended

12/31/2020

$2,202,493
(Sales)

$469,948
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$2,065,715
(Sales)

$476,008
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$1,639,667
(Sales)

$371,415
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 9 0
Owners 0 2

Hours of Operation
Mon-Fri 8am-5pm, Sat 8am-4pm Closed Sunday

Licenses Required:

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

Lease

Monthly Rent Including NNN:
$9,970

Expires:
2036

Option:
For 15 years

Size(sq.ft.):
7,850

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Raising cash

Training:
1 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.