Listing: Retail Tire/Automotive Repair

Business Type: Full Service Auto Repair and Tire Retail Business

Location:  Allen County, Indiana

Business Description: Long established tire retail and full service auto repair business.  The company offers a wide range of services from oil changes to complete engine overhaul.  Skilled technicians are in place and capable of managing the company if desired by new owner.

Facility/Real Estate Description:

The facilities have a total of 4,400 square feet with 6 service bays, office area, storage and loft space for storage.  The seller owns the property in a separate corporation and receives monthly rent from the business.

Asking Price:         Business –  $275,000 + Inventory (+/- $40,000) 

                                    Real Estate –  $250,000

Gross Income:  $783,773 (2018), $850,172 (2019), $622,797 (thru Oct 2020)

Cash Flow:   $91,126 (2018), $91,196 (2019),  $48,296 (thru Oct 2020)

Inventory:  +/- $40,000

Established:  1973

Employees:  Owner operator and 5 employees

Growth & Expansion: Excellent opportunity for the person ready to own and manage their own established, successful company.

Excellent add-on to multiple service locations

Potential for new owner to take the company to a new level

Reason for Selling: Retirement

For more information, please contact:      Jack Boersma
Cell:  (260) 402-1423
Email:  Jack@BIBGroup.net