Established tire store for sale.
Business Description
Established Michelin Tire Dealership - 45 Years of Proven Success
This thriving tire dealership has served the Ridgeway, VA community since 1979, generating $1.2 million in annual revenue with consistent year-over-year growth. As an authorized Michelin dealer, the business benefits from strong brand recognition and customer loyalty built over four decades of operation.
Business Operations:
• Full-service tire and automotive facility in 12,000 sq ft location
• Comprehensive services including tire sales, alignment, state inspection, and oil changes
• Experienced 8-person team including master technician, alignment specialist, state inspector, and support staff
• Full-time manager and sales assistant ensure smooth daily operations
• Current owner operates as absentee, demonstrating strong management systems
Financial Highlights:
• Annual revenue: $1.2 million
• Asking price: $300,000 (attractive 4x revenue multiple)
• Monthly lease: $2,100 for 12,000 sq ft facility
• Lease term through August 2026
• $60,000 in fixtures, furniture & equipment
• $10,000 inventory included in purchase price
Growth Opportunities:
• Established customer base with recurring service needs
• Year-over-year revenue growth trend
• Strong potential for expansion with proper leadership focus
• Automotive service industry resilience and consistent demand
Owner Support & Financing:
• Current manager available to stay with new ownership
• 50% seller financing available
• Smooth transition support from experienced owner
This turnkey operation offers an exceptional opportunity to acquire a profitable, established business in the stable automotive service sector. The combination of strong brand partnership, experienced staff, and growth trajectory makes this an ideal investment for an owner-operator or investor seeking immediate cash flow with expansion potential.
Reason for sale: Owner focusing on other business ventures and personal projects.
This thriving tire dealership has served the Ridgeway, VA community since 1979, generating $1.2 million in annual revenue with consistent year-over-year growth. As an authorized Michelin dealer, the business benefits from strong brand recognition and customer loyalty built over four decades of operation.
Business Operations:
• Full-service tire and automotive facility in 12,000 sq ft location
• Comprehensive services including tire sales, alignment, state inspection, and oil changes
• Experienced 8-person team including master technician, alignment specialist, state inspector, and support staff
• Full-time manager and sales assistant ensure smooth daily operations
• Current owner operates as absentee, demonstrating strong management systems
Financial Highlights:
• Annual revenue: $1.2 million
• Asking price: $300,000 (attractive 4x revenue multiple)
• Monthly lease: $2,100 for 12,000 sq ft facility
• Lease term through August 2026
• $60,000 in fixtures, furniture & equipment
• $10,000 inventory included in purchase price
Growth Opportunities:
• Established customer base with recurring service needs
• Year-over-year revenue growth trend
• Strong potential for expansion with proper leadership focus
• Automotive service industry resilience and consistent demand
Owner Support & Financing:
• Current manager available to stay with new ownership
• 50% seller financing available
• Smooth transition support from experienced owner
This turnkey operation offers an exceptional opportunity to acquire a profitable, established business in the stable automotive service sector. The combination of strong brand partnership, experienced staff, and growth trajectory makes this an ideal investment for an owner-operator or investor seeking immediate cash flow with expansion potential.
Reason for sale: Owner focusing on other business ventures and personal projects.
About the Business
- Years in Operation
- 46
- Facilities & Assets
- Established tire store, Michelin dealer. Tire machines, new alignment machine and new lifts. Separate office for customers to wait. 2 drive on lifts. 2 , two post lifts. Tire racks. Separate building for alignments .
- Market Outlook / Competition
- Business has been growing year over year.
- Opportunities for Growth
- Business will continue to grow with proper leadership.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 12,000
- Rent
- $2,100.00 per month
- Lease Expiration
- 8/12/2026
About the Sale
- Seller Motivation
- I currently have another business that needs my attention. I also am building a
- Transition Support
- Manger will stay on board with new owner if needed .
Listing Info
- ID
- 2401350
- Listing Views
- 184
Business Location
Listing ID: 2401350 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
