Central NM Mountain Auto/Tire Center
Asking Price: | $450,000 |
Gross Revenue: | $1,727,000 |
Cash Flow: | $140,000 |
Real Estate: | $500,000 |
This successful Automotive and Tire center has been in business since 1984 and managed by current owners since the ‘90s. Total revenues for 2023 topped $1,725,000, with seller discretionary earnings of 8.09%. This business is an excellent candidate for a strategic expansion of an established auto repair company and would also be ideal for an owner/operator considering their first purchase. One possibility for future expansion could be increased emphasis on roadside assistance and service. As one of the few established shops in the area, the business has shown steady growth over the past few years, including growth in the 2020 and 2021 Covid years when many businesses struggled. It topped 6 % a year growth in both FY 2022 and 2023.