Furniture, Fixtures and Equipment ~$200,000
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.