Great Location and cash flow with room to grow, Great Customer Base!

Richmond, VA

Seller Financing Available

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Asking Price:$300,000
Gross Revenue:$900,000
Rent:$8,400/Month
Cash Flow:$100,000
Inventory:$100,000
Established Year:2020
BUSINESS DESCRIPTION

Established over 40 years ago, this highly regarded and recognized automotive brand is a profitable Tires and auto repair facility. location has its state inspector. Ranked in the Top 10 nationwide, the facility has garnered spectacularly positive reviews. With meticulous attention to detail and organization, the owner has created a turnkey opportunity. Known for its Bigotires, this business has a solid track record and a well-established local brand. Equipped with state-of-the-art diagnostic equipment and a fully equipped, 6-bay facility staffed by talented and dedicated technicians, this facility is highly regarded in the industry. The current revenue performance exceeds $900,000 annually, and there is still room for further growth. Maintained in top condition, the shop's equipment is valued at $150,000 and up to date, while the inventory is well-categorized and organized, totaling $100,000. Spanning over 5,000 square feet, the facility benefits from a competitive long-term lease. Some experience in the automotive category is required, but the franchise provides exceptional training at its corporate office and offers strong regional and franchisee support. Support is available every step of the way, and the current owner is willing to provide on-site training and assistance during the transition period for the right buyer.


DETAILED INFORMATION
Location
Richmond, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
31/01/2030
Employees
5
Facilities
All the Equipment is blong to shop
Competition
The brand has one of the largest market shares in the industry, Most Americans know the name, and actively growing.
Growth & Expansion
Currently run absentee, with an owner on sight, income could be doubled. this shop has a lot more to offer
Financing
50% Down
Support & Training
Each location has a manager, I will train for 2 weeks @ $0 cost. For all the paperwork
Reason for Selling
Downsizing

BUSINESS LOCATION
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Syed Farzan
Syed Farzan