Listing ID: 77363
Listing # – 5168 LSM
Franchise Mobile Tire Installation.
Excellent opportunity to own an established and profitable Mobile Tire Installation business in Orange County.
The business offers door service to your home or office to install and replace tires. You also make money on the sale of the tires.
The exclusive territory is for most of Orange County and you will get exclusive leads from the Franchisor.
The owner has a full-time technician who handles all of the tire installations while the owner handles all the scheduling. The owner has secured multiple accounts with corporate partners like Amazon and other companies that have multiple delivery vehicles on the road that need new tires every few months.
This is an amazing opportunity for anyone who can build great relationships with companies that have delivery vehicles that need a service like this.
Business includes 2020 Sprinter Van (Must continue payments) with all the necessary equipment including a touchless tire changer.
The owner is willing to train. Great Opportunity.
- Asking Price: $99,000
- Cash Flow: $15,000
- Gross Revenue: $230,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2021
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,600
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Other Business Interests
The venture was started in 2021, making the business 1 years old.
The company has 1 employees and is situated in a building with disclosed square footage of 1,600 sq ft.
The property is leased by the business for $1,000 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell businesses. Nevertheless, the true factor and the one they say to you may be 2 absolutely different things. For instance, they might state "I have way too many other obligations" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may just be excuses to try to conceal the reality of transforming demographics, increased competitors, current decrease in profits, or a variety of other reasons. This is why it is really important that you not count totally on a seller's word, yet rather, make use of the seller's answer along with your overall due diligence. This will repaint an extra realistic image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering items such as inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that revenue margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that must be satisfied or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location bring in brand-new consumers? Most times, companies have repeat clients, which create the core of their everyday revenues. Particular variables such as new competition sprouting up around the location, roadway building and construction, and personnel turnover can impact repeat consumers and negatively affect future incomes. One important thing to consider is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the greater the opportunity to develop a returning customer base. A last idea is the general location demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? How might the local mean house income impact future income prospects?