Groton Connecticut Owner Operated Tire Shop

Description

Tire and auto service shop for sale in Groton, Connecticut.

The business has been operating for more than 35 years and serves an established local customer base.

2024 gross sales were approximately $2,271,361, with reported net profit of about $570,000.

Products and services

• Tire sales
• Auto repair services
• U-Haul rentals
• Automotive accessories

Tire brands carried include BFGoodrich, Michelin, Goodyear, Bridgestone and others.

Monthly rent is approximately $6,000. Buyers should verify the remaining lease term and renewal conditions during due diligence.

The business generates revenue from several areas, including tire sales, repair work, rentals and accessory sales.

The current owner is retiring.

The shop may be a fit for an owner with experience in tire sales, automotive repair or related vehicle services.