Renowned multi-location custom wheel shop, Florida

Featured on BizBuySell.com . 25 viewed

Asking Price

$2,999,999

FOR SALE - ACTIVE

Detailed Information

Location

Not disclosed

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

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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

Russell Cohen typically replies in about 7 minutes

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