Franchise Tire & Auto Service Centers - NEW
Location:
Greater Des Moines, Iowa - Two Locations
Type:
Financial Information:
Purchase Price:
$625,000
RE is available - $1,800,000 (one location)
Annual Sales:
$1,471,000 (2018), $1,447,000 (2017)
Annual Net Profit:
$61,473 (2018), $7,083 (2017)
Recasted Cashflow:
$177,563 (2018), $175,442 (2017)
Equipment Value:
$200,000
Inventory Value:
$5,000
Terms:
Cash
Building and Property:
Monthly Rental:
$5,600
Two separate locations - they lease one location
Lease Information:
Square Footage:
3,600
General Information:
Years Established:
14 year(s)
Required License(s):
Sales Tax Permit
Employees:
8-10
Business Hours:
7:30a-5:30p (M-F), 7:30a-3:00p (Sa)
Reason for Sale:
Other interests
Additional Comments:
Two locations are for sale. #1 - they own the RE. #2 - they lease - $5,600/mo. Equip. Value - $100,000 each Inventory - $2,500 each