Profitable Tire & Automotive Shop in Lifestyle Area

intermediary profile

April 05, 2024

by an intermediary in Addison, TX, USA

Summary This thriving automotive repair facility located in beautiful northern Michigan boasts the largest on-hand tire inventory in the county! Providing a wide array of mechanical services, including comprehensive automotive repair, tire supply, replacements, wheels and repair services, the shop is well-known in the community and surrounding area for its exceptional tire expertise and trustworthy automotive repair. Additional revenue stems from automotive maintenance services such as oil changes, filters and fluids. Sales in 2023 had a stable increase over the prior year at $2,113,067 with discretionary earnings of $358,202, showing both consistency and reliability. Projections for 2024 climb over $2.2 Million to continue their annual growth trends. The owner is active within the company managing financial affairs and participating in day-to-day operations alongside six experienced employees likely to stay post-sale.
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