Established Tire Shop in Groton, Connecticut with $610K Net
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Financial Details
- Asking Price:
- $1,495,000
- Annual Revenue:
- $2,271,361
- Cash Flow / SDE:
- $610,459
- Valuation Multiple:
- 2.4x
- Location:
- Groton, CT, US
- Source:
- Date:
- June 10, 2025
Key Highlights
- Well-established tire shop in Groton, CT, with 35+ years in business.
- Diverse revenue streams: tire sales, auto repair, U-Haul rentals, and accessories.
- Strong financial performance: $2.27M gross sales and $570K net profit in 2024.
Description
Well-established tire shop in Groton, CT, with over 35 years of operation. The business has diverse offerings, including tire sales, auto repair services, U-Haul rentals, and auto accessories. The business shows strong financial performance with $2,271,361 in gross sales and $570,000 net profit in 2024. The current owner is retiring, presenting an opportunity for a new owner to take over a business with strong financials and a solid reputation.
Industry Information
- Industry Description:
- Auto & Automotive
- Classification:
- Automotive & Boat
Listing Details
- Listing ID:
- a168dd3c-0d24-4c16-b6ba-5b45afa09c19
- Deal Status:
- For Sale
- Date Posted:
- June 10, 2025
- Last Updated:
- June 10, 2025
- Currency:
- USD
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