UNDER LOI – Truck and Auto Tire Service Center – Northern IN

PENDING Under LOI – Family owned and operated for over 40 years this Truck and Auto Service center is a local institution in Northern Indiana. Thanks to a large and loyal following built from years of excellent customer service this business is a great opportunity. Current owners have made this turnkey, perfect for another owner operator or a strategic buyer.

Customers are an expanding mix of past and new, servicing retail and commercial clients. They provide truck and automotive tires as well as wheels, alignment, and general maintenance. In addition to their clean bright service center, they also offer fleet service, agriculture service and run multiple 24-hour off-site service trucks.

Listing ID:

LCC – 22045300-15

Location:

Northern Indiana

Type of Business:

Truck and Auto Tire Servce

Asking Price:

$1,500,000 plus Inventory

Gross Revenue:

$3,696.149

Cash Flow:

$476,178

Inventory:

$140,000

FF&E:

Included

Established:

1980

Employees:

11 FT / 3 PT

Facilities:

8900 Sq/Ft modern facility with state of the art equipment, clean well lit work environment and a warm pleasant customer waiting area.

Real Estate / Lease Terms:

2 Acres over 12,000 cars a day, located conveniently near major turnpike. Available for sale

Growth Opportunity:

Potential to add additional mechanical services, additional service trucks.

Competition:

Only Commercial tire repair in the immediate area. There are other retail tire stores nearby.

Financing:

Support & Training:

Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining an understanding of the customers and vendor partners, and building a working relationship with the employees.

Reason for Selling:

Seller wants to retire .

Broker Contact:

Frank Cobb – Advanced Business Brokers

Direct: 231-750-1400

Fax: 248-564-5259

Email: Frank@ABB-BusinessBrokers.com

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. Above information is subject to change and/or correction and should not be considered binding.