Listing ID: 82497

Business Overview

Profitable and Established
Turnkey Business
Qualified Staff

Well-established million dollar sales plus tire dealer in desirable Western Montana. The high visibility location offers easy access and exit onto the highest traffic road in the area. This is a turnkey opportunity offering a new owner confidence stepping into a business with well maintained equipment and clean work and waiting areas. Positive cash flow is already established providing profits immediately. This business could easily double by offering more automotive services and bringing on more employees. Live the dream in Montana!

Financial

  • Asking Price: $655,000
  • Cash Flow: $212,231
  • Gross Revenue: $1,339,132
  • EBITDA: N/A
  • FF&E: $62,800
  • Inventory: $80,000
  • Inventory Included: Yes
  • Established: 2012

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Beautiful state-of-the-art facility can accommodate almost all vehicles. The 6 bay service facility is newer with a well appointed customer waiting area and plenty of room for customer parking. Full description will be provided to financially qualified buyer. Seller owns the property, and is open to sell it with the business for $890,000. If so, a loan may be arranged with a 20-year amortization and will have a positive impact on the debt service calculation.

Is Support & Training Included:

Will train for 4 weeks @ $0 cost. Tire sales and repairs, brakes, alignments, struts, shocks, and battery replacements. Other automotive related retail items are also sold. Automotive knowledge is a plus.

Purpose For Selling:

Pursue other interests.

Pros and Cons:

There is no other exclusively tire center in the area.

Opportunities and Growth:

This company is consistently growing year over year and is located in an area seeing unprecedented growth.

Additional Info

The company was started in 2012, making the business 10 years old.
The sale will include inventory valued at $80,000, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell companies. Nevertheless, the genuine reason vs the one they tell you may be 2 totally different things. For instance, they may claim "I have too many other responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be excuses to attempt to hide the reality of changing demographics, increased competition, current reduction in profits, or a variety of various other reasons. This is why it is extremely important that you not rely totally on a seller's word, however rather, utilize the seller's solution together with your total due diligence. This will paint a much more reasonable picture of the business's present situation.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of companies finance loans so as to cover points like supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can suggest that profit margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that need to be met or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area draw in brand-new consumers? Many times, businesses have repeat clients, which develop the core of their day-to-day profits. Specific variables such as new competitors growing up around the location, roadway construction, and personnel turnover can influence repeat clients and also negatively influence future revenues. One important thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business on a regular basis, the higher the opportunity to construct a returning client base. A last idea is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? How might the neighborhood mean home income impact future earnings prospects?