Renowned multi-location custom wheel shop, Florida
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Asking Price
$2,999,999
Detailed Information
Not disclosed
Business Description
A profitable multi-location retail rim and tire shop in Florida, established in 1999, is a renowned leader in custom automotive services. The business specializes in custom wheels, tires, suspension, interiors, and full paint and body restoration for cars, trucks, SUVs, and more, representing top brands in the industry. With a 2023 revenue of $6.3 million and an EBITDA of $928k, the seller offers a 10-year lease, experienced staff retention, $200,000 inventory, and lender prequalification with a $355,000 down payment. This business caters to customers seeking vehicle customization, offering a wide range of services and products to enhance their vehicles aesthetically and functionally. The lease terms for its two facilities include reasonable rents of $16,050 and $5,885 on a triple net basis, ensuring stable operational costs. The inclusion of an experienced staff and significant inventory adds value for the new owner, making for a seamless transition
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Listed By:
Name : Russell Cohen
Phone Number : Show Phone number
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