Groton Connecticut Owner Operated Tire Shop

Description

Business for sale established tire shop in Groton, CT, profitable with strong market presence.Overview:An exceptional opportunity to acquire a well established and profitable auto accessory and tire shop with over 35 years of successful operation. The business offers a diverse range of services including tire sales from leading brands, auto repair services, U Haul rentals and a variety of auto accessories. With a strong reputation for quality products and customer service, the business is positioned for continued success under new ownership.Key business highlights:Diverse offerings:Wide selection of tires including premium brands such as BFGoodrich, Michelin, Goodyear, Bridgestone and othersU Haul rentals and a broad selection of auto accessories providing multiple revenue streamsStrong financial performance:2024 gross sales of 2,271,361Net profit of 570,000 reflecting strong profitability and operational efficiencyEstablished reputation:More than three decades of operation with a loyal and expanding customer baseCompetitive rent:6,000 per month with favorable lease terms supporting continued profitabilityReason for sale:The current owner is retiring after years of building a successful business. This presents an opportunity for a new owner to take over an established operation with strong financials, consistent revenue streams and a solid market reputation.Ideal buyer:This business is well suited for an individual with a background in auto repair or tire services who is willing to be hands on in daily operations.