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Well Established And Profitable Tire Center For Sale

Vancouver Lower Mainland, BC, British Columbia, Canada
Asking Price:
$795,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,055,586 (CAD)
Cash Flow:
$344,408 (CAD)

This auto tire store has been in the same location for over thirty years. It has a great reputation in the community for quality work and excellent service as was named the best tire center in the city by the local newspaper. The business has a very large number of repeat customers and around 10 commercial accounts. This is a highly profitable business, a great opportunity for an owner/operator or investor.

Inventory not included. The selling price will be adjusted according at time of sale based on inventory available, generally in the range of $180K to $200K.

Property Information

Real Estate:

Lease

Premises Details:

The business is located in an industrial complex with many other auto-related businesses serving as referral sources. Rent is now on a month-by-month basis but the landlord (same as the business owner) is willing to sign a long-term lease. The space is composed of four units of 1,200 square feet not counting the mezzanine or second floor. In reality, the business could be run with three units.

Business Operation

Reasons for selling:

Owner wants to retire.

Trading hours:

Mon-Fri 8:30am-5pm; Sat 8:30am-3pm

Employees:
3 FT/1 PT
Years established:
33

Other Information

Support & training:

Will train for 8 weeks @ $0 cost.

Furniture / Fixtures value:
$56,599 (CAD) - included in the asking price
Inventory / Stock value:
$354,281 (CAD)