Business For Sale Listing 150016
Tire, Brake, and Alignment Center
Status as of Sep-5-2008 at 05:59 PM: Active
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Business Summary
Employee run and managed with excellent books and records, Airport Tire and Brake is a well-respected Goodyear tire dealer, who also provides brake repairs, front-end alignments, and truck fleet service. With more than forty years of business history this center commands some of the best brand name accounts in Southern CA; Southwest Airlines, Verizon, Southern California Gas, and the City of Los Angeles to name a few. Located within minutes of the Los Angeles Airport, the center has FBI and Homeland Security clearances for on airport tire service.
This opportunity includes the real estate: the store is a 4,000-foot location with 11 parking spaces, and a second 3,000 square foot building with 13 parking spaces, which generates rental income. Zoned C1, the property is in a redevelopment area and is poised for strong upside values due to a new Master Plan for the area. The owner is retiring and wants to sell the business and real estate as a package, for a total of $2,050,900.00
Airport Tire and Brake is on a major commercial street with an average daily traffic volume of 130,000 cars. The center has 4 spacious bays, a front-end center with ample parking. The equipment includes three tire changers, one alignment, and two balancing machines.
Employees and on site management wish to stay. This business will qualify for a long term (up to 25 years) for an SBA loan for the business/real estate depending on the Buyer`s qualifications.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,088,686) |
| Profits: |
Under $100 Thousand ($95,700) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($352,000) |
