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Tire Dealership & Service Center w/RE in NC Waterfront Community

Listing Number: 13485-582848

Listing Details

Tire Dealership & Service Center w/RE in NC Waterfront Community

Price: $2,450,000
  • Business Category: Automotive
  • Down Payment: $2,025,000
  • Sellers Discretionary Earnings: $471,213
  • Total Sales: $2,306,451
  • Location: Eastern NC, North Carolina, United States
  • Inventory: $125,000
  • Agent: Tony Khoury
  • Year Established: 1999
  • Reason for Selling: Retirement
  • Listing Number: 13485-582848

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    Business Listed By

    Tony Khoury

    (252) 347-9606 tkhoury@tworld.com
    License # 310193
    View my listings

    Business Description

    Leading Auto Tire, Repair & Service Center Located in Growing Eastern NC Waterfront Community.

    Serving Eastern NC for over 25-years, this business listing has consistently generated over $450,000 in SDE (seller discretionary earnings), with one of the two owners only working about 10 hours per week.

    Real estate is included in this transaction, consisting of nearly 10,000 sq.ft., 6-bays and an adjacent vacant lot for the business to expand. Recently appraised at $650,000.

    Due to their interest in retiring, owners seek to transition their business to an energized and engaged buyer.

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