Please ensure Javascript is enabled for purposes of website accessibility 61-Year-Old Auto & Tire Center in Broward | Thomas R Milana, P.A. CBI | Transworld Business Advisors

61-Year-Old Auto & Tire Center in Broward

Listing Number: 0101-260060

Description

Historic general tire & auto center in the heart of Broward County. True retirement sale. Established in 1961, this independent free standing repair facility has been owned by the same family for more than 40 years. Handles most cars, trucks & SUVs. 4 bays, fully equipped, all above ground lifts. Major brand tire & wheel dealer. Unique location with virtually no local competition. Experienced staff includes G.M., front end tech, line mechanic, 3 tire techs and PT bookkeeper. Approx. 30 fleet accounts + a loyal customer base going back for decades. Full tax return records-Should qualify for E2 Visa investment. Below local market rent. All equipment is transferred free & clear; owner will agree to extended transition if needed by Buyer. Contact listing broker for financial details. 2021 financials showing net of $182,508 have been annualized from 9/30/21 P & L.

Listing Details

  • Price: $525,000
  • Down Payment: $525,000
  • Sellers Discretionary Earnings: $182,508
  • Total Sales: $1,407,496
  • Location: Broward County, Florida

  • Inventory: $5,000
  • FF&E: $0
  • Employees: 7
  • Year Established: 1961
  • Reason for Selling: Retirement
  • Category: Automotive
61-Year-Old Auto & Tire Center in Broward

Contact Agent:

Thomas R Milana, P.A. CBI
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