Tire Dealership & Service Center w/RE in NC Waterfront Community

Description

Leading Auto Tire, Repair & Service Center Located in Growing Eastern NC Waterfront Community. Serving Eastern NC for over 25-years, this business listing has consistently generated over $450,000 in SDE (seller discretionary earnings), with one of the two owners only working about 10 hours per week. Real estate is included in this transaction, consisting of nearly 10,000 sq.ft., 6-bays and an adjacent vacant lot for the business to expand. Recently appraised at $650,000. Due to their interest in retiring, owners seek to transition their business to an energized and engaged buyer.

Listing Details

• Listing Number: 13485-582848
• Location: North Carolina
• Price: 2,250,000.00
• Down Payment: 2,025,000.00
• Sellers Discretionary Earnings: 471,213.00
• Category: Automotive


• Inventory: 125,000.00
• FF&E: 239,060.00
• Employees: 12
• Years Owned: 25
• Reason for Selling: Retirement