Century-Long Tire Shop with Growth Potential
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Asking Price
$650,000
Detailed Information
Charlotte/Fayetteville, US
Not Provided
NA
Business Description
This well-established tire shop, located between Charlotte and Fayetteville, has experienced steady revenue growth over the last 5 years. The business, which primarily serves commercial fleets with a 65/35 split between commercial and consumer clients, has built a respected legacy over its century-long operation. Featuring a prime 2.3-acre real estate property with over 5,000 square feet of shop/office/sales space and a 2,500 square feet pole barn, the business is currently operated absentee with seven dedicated employees ensuring smooth operations. The owner, looking to step back from day-to-day involvement, presents an opportunity for a new owner to take the reins and capitalize on expansion potential. With ample space available for additional services or leasing opportunities, there is room to grow revenue streams and attract more commercial fleet customers from the surrounding area. The property, appraised at $580,000, provides significant value and potential for diversification, whether through towing services or other ventures utilizing the available space. With