Tire Express with Lease to Own Options

Asking Price$1,399,000

Cash Flow
$638,773

EBITDA$638,773

Gross Revenue$2,723,706

Inventory$100,000
Included in asking price
FF&E$150,000
Included in asking price
A Tire Store that Banks for CustomersSave

Tire Express with Lease to Own Options


Asking Price$1,399,000

Cash Flow
$638,773

EBITDA$638,773

Gross Revenue$2,723,706

Inventory$100,000
Included in asking price
FF&E$150,000
Included in asking price
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.
About the Business
Years in Operation
25
Currently Relocatable
Yes
Facilities & Assets
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.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$10,000.00 per month
About the Sale
Transition Support
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.
Listing Info
ID
1580710
Listing Views
5860

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Business Listed by: Eric Singer Future In Franchises

Listing ID: 1580710 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.