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Stabilized franchised (licensed) tire store on a heavily traveled artery (U.S. Hwy 93) in Kingman (NW) AZ. Seller established the franchise in 2015. The license is transferrable, subject to Licensor approval. (Cy of license agreement is available from Broker.) The sale includes all FF& E - contact Broker for a complete list. The business sells a wide variety of tire brand names, and offers a variety of ancillary vehicle repair & maintenance services. Seller stocks 1,00-1,200 tires regularly; inventory runs $125-150k. Business seller owns the real estate and will initiate a lease with the business buyer. Beale St. (U.S. Hwy 93) is the primary highway from Kingman, Phoenix & Tucson to Las Vegas & Lake Mead, and also the main route to the west rim of the Grand Canyon. Highway 93 connects with interstate 40 in Kingman, the Beale St. off-ramp. Historical financials are available from Broker - call or email for a confidentiality agreement. Thumbnail sketch of financials illustrated are 10-31-21 annualized. Oct '21 annualized cash flow is up 154% vs. 2020. Location: Kingman, Arizona Year Established: 2005 Number of Employees: 5 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 5,000 Rent: $5,500.00 Per Month Facilities: 5,000 sf steel building built in 2005 by seller. 2 driveways for ingress/egress to/from the property access both the north and south sides of the building. 22 total parking spaces + HC. Adequate on-site driving & parking space for large vehicle (RV) use. Website: besttireandRVrepair.com/ Market Outlook/ Competition: Franchisor support ... strategic location ... established market position/reputation ... Beale st. is heavily trafficed, and can be congested from time-to-time. Growth & Expansion: Seller doesn't promote ancillary services heavily. Light auto repair & servicing represents an under-served service.
Listed: Apr 20, 2022
Updated: 7 hours ago
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