Tire Shop and Auto Repair

Category: Retail
City: Lower Mainland
State: BC
Full Price: $575,000
Down Payment: $575,000
Annual Gross Sales: ~$1,800,000
Adjusted Annual Profit: ~$150,000
Status: Sold

Additional Features:

Furniture, Fixtures and Equipment          ~$200,000
Inventory                                                        ~$55,000

Wow, here is your chance to own a high volume franchised tire and auto repair shop in a suburb of Vancouver. The tire shop is considered the franchises flagship store and is one of the the highest grossing tire shops in the chain, turning over almost 1.8 million dollar annually. The business nets the owner approximately $150,000 per year before taxes and depreciation.

The shop is located at a busy intersection on a highly trafficked thoroughfare. The site is flat and paved with ample parking.  This location has a 6 bay shop, a showroom / office housed in a 5400 square foot building.  The building has been recently renovated with a brand new roof, new signage and has already incurred all the costs of franchise mandated re-branding. The business has 3 full-time automotive technicians, and two tire repair and installation specialists. There is no requirement that the new owner be a licensed automotive technician.

The store specializes in tire sales, tire rotations, and tire balancing but the techs are qualified to perform any and all automotive repairs from oil changes to complete motor rebuilds. Because the franchisors’ parts warehouse is only minutes away, the store maintains minimal inventory, resulting in a turn rate on inventory of an unheard of 20 times per annum.

This is a great opportunity for an energetic purchaser to buy an efficient, high cash flow business backed by a strong brand. There are no direct franchise fees and the franchise owners are all shareholders of the franchisor. Don’t hesitate as this one won’t last long, contact Keith MacKenzie at Chinook Business Brokers for more information on this outstanding business.

Do you want more information about this opportunity?

The Seller knows that to sell the business he will have to share information with the Prospective Buyer that otherwise he would prefer kept away from both the public and the other stakeholders such as employees, suppliers or customers. Because of this, we insist that any confidential information is only shared with prospective purchasers who are genuinely interested in procuring a business. To maintain the level of confidentiality necessary to complete a transaction of this nature we require that prospective buyers complete a non-disclosure agreement. By clicking agree below, you, the prospective purchaser, agree not to share anything you learn about the business with anybody other than your lawyer, accountant or other professional advisors; and you also warrant that these people will also be bound by this agreement.

You also agree that you will not approach the business owner, staff or management without the express consent of the Broker. You understand that you, the Prospective Buyer, will be held accountable for any damages to the Seller arising from the disclosure of information to any other party contrary to the agreement.

If you prefer not to complete the webform below, we understand, and ask that you download, complete, sign and forward the completed PDF document to info@chinookbusinessbrokers.ca or fax to 888-812-4109 attention Keith MacKenzie.

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