Extremely Profitable Multi Location Retail Rim/Tires Facility

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Asking Price:$2,999,999
Gross Revenue:$6,384,692
Rent:$21,935
Established Year:1999
Cash Flow:$928,433
Inventory:$200,000
FF&E:$200,000
BUSINESS DESCRIPTION

Money Maker Multi location Rim /Tires Retail Installation Business

Extremely Profitable Multi Location Retail Rim/Tires Facility in Florida. Established since 1999 as a leader in the Retail Automotive Customization. The company specializes in services ranging from Custom wheels & tires, suspension, interiors to full paint & body restoration. The business caters to customers who want to modify their car, ruck, SUV & more. The company represents the largest brands in the industry. 2023 revenue of $6.3 million with an EBITDA of $928k. Seller will provide long term lease for a total of 10 years. Rent for Facility #1 $16,050 (NNN) and Facility #2 $5,885 (NNN). Experienced staff will continue with new ownership. $200,000 inventory included. Lender Prequalified. $355,000 down


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
15,852
Lease Expiration
31/12/2027
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller will provide long term lease for a total of 10 years. 2 locations
Competition
Leader in the Retail Automotive Customization
Financing
$355,000 down with $2,644,999 financed over 120 months at 9 percent
Support & Training
4 weeks no cost
Reason for Selling
Career Change
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Russell
Cohen
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Russell Cohen