Price Reduced! American-Owned Tire Shop in Douglasville, GA!
| Asking Price: | $899,000 |
| Gross Revenue: | $770,000 |
| Real Estate: | $899,000 |
| Cash Flow: | $173,366 |
| Inventory: | $20,000 |
Yearly Sales are currently $770,000 per year! June, July, and August 2024 generated $275,000 in sales!
Yearly Gross Profit is over $327,000 per year! Cost of Goods is only 58%! Tire Sales Margin is 42%!
Yearly Net profit is over $173,000 AFTER Payroll and all other expenses!
Seller only spends between 20 to 30 hours at the tire shop each week!
99% of sales are from tire sales! HUGE opportunity to perform additional services like oil changes and brake work to increase revenue!
Building area is 2,400 Sqft! Property is 0.18 acres!
Neighborhood location across from a busy gas station!
Located in Douglasville - Booming West Metro-Atlanta!
Building includes two mechanical bays to perform mechanic services! Seller is not capitalizing on additional services!
Seller has owned the property for 26 years and is ready to semi-retire!
Store is only open 58 hours per week! HUGE opportunity for owner operator to extend business hours and increase sales!
Average traffic count of 22,600 vehicles passing by the store each day!
Local population is increasing by 5% within 1 mile of the store! Median Household Income is $74,434!
30 minutes from Atlanta Airport. 15 mins from warehouses run by Amazon, Gatorade, Sunny Delight, Quaker, and many more.
Close proximity to 10 apartment complexes and a newly developed multifamily community with over 280 units. Surrounded by several new single-family and townhome communities comprising more than 250 homes. Additionally, a mixed-use development is in progress, featuring 575 luxury apartments and townhomes, a national hotel, Class A office space, and a 40,000-square-foot commercial village.
Asking Price for Business and Property: $899,000 plus inventory! Inventory is guesstimated to be around $20,000.
