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Auto Care & Truck Tires & Suspension Shop

  • Status: Available
  • Price: $430,000

Steve McAdaragh

License No:
BRE #01424842
Email:
steve@lbaweb.com
Office:
925-932-2450
Mobile:
619-919-4788
  • Listing No: 3850
  • Status: Available
  • Area: 32000
  • Price: $430,000

Description

Established 1996. Profitable truck tire shop also specializing in tire alignments and suspension maintenance, working on everything from conventional trucks to school buses to dump trucks. Quality alignment machines, such as Beeline and Hunter Engineering. Experienced in maintaining commercial fleets and standalone semi-trailers. 10 employees.  Seller claims in 2020 Gros Sales $1,189,243. He also claims  2020 Net Profit was $144,000. Approximately $173,000 worth of equipment in working condition, included with the sale. Building is approx. 17,000 sq.ft. including the parking lot the total area is approx.  32,000 sq.ft. Lease  expires 2024 plus 1 x 5 years option. Rent is $15,350 per month. Part of the space is Sub-Leased for $5,700 per month, the seller  also Rents parking space to truck owner in long parking which will add $11,000 to his Gross  Annual Revenue. Seller Financing available for investors with good credit. #3850

Business Information

Ownership Type: Corporation
Year Established: 1996
Year Purchased: 1996
Business Type: Truck Tire & Suspension Shop
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3850
Date Available: 03/24/2021
Reason For Sale: Other Business Interest

Financial Information

Annual Total:
$1,189,243
Revenue:
Annual Net Income:
$144,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
15350/m
Lease Expires:
2024
Lease Option:
1 x 5 years option
NNN:

Financing Information

Down Payment:
$112,000
Owner Will Carry:
Other Finance:
Terms:

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