Auto Customization Business, FL - Established 1999

Featured on BusinessForSale.com . 34 viewed

Asking Price

$2,999,999

FOR SALE - ACTIVE

Detailed Information

Location

Florida, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

A highly successful multi-location retail rim and tires facility in Florida, established in 1999, specializes in automotive customization services such as custom wheels, tires, suspension, interiors, and full paint and body restoration. They cater to customers looking to modify their cars, trucks, SUVs, and more, representing the largest brands in the industry. The business generated $6.3 million in revenue in 2023 with an EBITDA of $928k, offering a long-term 10-year lease for both facilities at rents of $16,050 and $5,885 per month, respectively. The sale includes $200,000 worth of inventory, and the seller is seeking a $355,000 down payment. The company boasts an experienced staff that will transition to the new ownership, ensuring a smooth continuation of operations. With a strong track record of profitability and a significant presence in the automotive customization market, this business presents a lucrative opportunity for investors looking to enter or expand within the industry. The

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