Tire Co, LA, Retail + Service, Coml + Passenger

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Background

BizEx ID:BizEx1319-DH
General Location:Greater LA Area, CA
Category: Auto Repair, Parts & Services
Automotive
Years in Business:33
Under Present Owner:33
Hours of Operation:7a - 7p Mon - Sat
Owner Hours:7a - 7p Mon - Sat
Training:4 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:Seller Owns
Lease Options:
Building Size:5354
Employees:11
Reason for Sale:Retirement

Financials

Asking Price:$1,395,000
Down Payment:Negotiable
Gross Sales:$1,600,000
Discretionary Cash Flow:$450,000
FF&E:$250,000
Inventory Included?Yes
Inventory:$75,000
Min. Operating Capital:$80,000
Real Estate Available?Yes
Rent:$6,000
Payroll:$35,000
Financing:SBA

Pictures


Description

Established, Commercial and Passenger Tire Service Co in LA. Large Commercial Accounts

Owner founded and operated since 1987, servicing Greater Los Angeles Area, San Bernardino County and Orange County.  

  • 5,300 sq. ft. Retail and Service Facility on 18,000 sq. ft. lot seller owned. Spacious, Clean Showroom
  • Real estate also available for sale or long term lease to new buyer
  • 24 hour Commercial & Heavy Equipment and Passenger Car Repair + Service
  • All Tire Services for Passenger, Commercial, Fork Lifts, and Construction Equipment in Southern California 
  • Experienced, Professional well-trained staff

This well run company is on a busy street in a high visibility location.  It has many established national commercial accounts like U-Haul and Penske that result in consistent revenue and profitability.  Well trained and experienced staff can operate with minimal owner supervision.  Seller is willing to assist with smooth transition to new buyer. 

For more information, please complete the Buyer Registration at https://www.bizex.net/buy-business/register

Dan Higgins, Business Broker; (714) 719-1809, dhiggins@bizex.net or Eric Mellem, Business Broker; (310) 293-6414, emellem@bizex.net

 


Download Setup Sheet



Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Dan Higgins
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations