Established Tire and Towing Businesses

$1,795,000

Cayuga County, NY

Gross Revenue

$3,064,775

Owner's Cash Flow

$522,454

Min Down Payment

$179,500

Employees

20 FT

Business Summary

Founded many decades ago, the tire business has been a hallmark of the local community and has collected a large and loyal following thanks to its reputation for friendliness and trustworthiness. In addition to tire services, the shop offers several segments of automotive services, including oil changes, brake repair, wheel alignment, air conditioning repair, and inspections for New York State. Within the last decade, the current owner opened an accompanying towing shop, which has many synergies with the auto shop and has been an incredibly lucrative investment. The towing company has strong partnerships with the major auto insurance providers to provide roadside assistance to automobile owners. They also offer salvage towing for the same auto-insurance providers and salvage yards. The towing and tire businesses, which share the same trade name, are being sold together given the synergies that exist between the two and the shared overhead costs.

Key Highlights

Year established

1983

Real estate

Owned will lease

Reason for selling

The current owner is retiring.

Support and training

The current owner will stay on for up to 6 months to train the new buyer.

Broker of Record

John McCleary

Interested? Let's get you more info

Provide your information to immediately learn more about this business, including consolidated financials, competition, and growth opportunities.

Sign up for Listing Alerts

Get early access to new listings that meet your search criteria and the latest resources for navigating small business acquistions.

Provide your information to learn more details about this business.