Tire Express with Lease to Own Options
Portland, OR
| Asking Price: | $1,399,000 |
| Gross Revenue: | $2,723,706 |
| Rent: | $10,000/Month |
| FF&E: | $150,000 |
| Cash Flow: | $638,773 |
| Inventory: | $100,000 |
| EBITDA: | $638,773 |
| Established Year: | 2000 |
Listing ID: 1580710Listing provided by BizBuySell
BUSINESS DESCRIPTION
Are you a bank? Are you a Tire Store?
You are BOTH, offering quality tires and custom wheels to customers for purchase or lease.
This Semi-Passive Business with its Pay-as-you-go program accounts for over 85% of total revenue. Also offering balancing and on-road maintenance.
There are currently 116 locations nationwide in 23 states with multi-store possibilities in Oregon and Washington.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility includes a tire balancer, tire changer, lifts, tools, compressor, flange kit, nitrogen inflation system. Desks, chairs, display racks, and decor items. Computer and Signage.
Support & Training
Online training in combination with a minimum of 2 weeks “on the job” training at an existing RNR location is followed with 2 weeks on-site training with an experienced trainer from corporate.
Operational and Marketing Tools:
In house marketing dept. will develop promotions and supporting marketing materials as needed without charge for design & creation.
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