Description

Summit Business Brokers, Inc. announces its representation for sale for $520,000 of a well established tire and auto repair facility in the San Fernando Valley of Los Angeles. It has been operating at its location for over fifty years and under the current ownership for over six years.
Reported revenues for 2013 were close to $450,000 and the business has enjoyed revenue increases over the past several years. The business has been very profitable in recent years.
There are vendor relationships with the major tire companies. Four long-service and skilled full-time employees, in addition to the owner, provide the necessary work. Besides loyal customers who have been taking their cars here for years, and drive-by customers who see the sign, the business has six fleet accounts with local companies. The property is leased at a competitive rent.
Approximately 50% of the revenue is attributed to tires and alignments, 25% to brake work, and the remainder to batteries, tune-ups, and suspension modifications.
This is a fully stocked and turn-key operation. The appearance from the street and inside is clean and attractive. It is an excellent opportunity for either an auto service professional who wants an independent shop or a firm in a related field desiring to acquire a profitable, excellently located, up and running operation. The business has an excellent reputation that has been developed over decades of conscientious service and maintained in recent years by the integrity and skill of the current owner.
Interested and financially qualified buyers should contact the broker for further discussion:

Financial Summary

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