printContact Information
Henry Weaks
CBI, CBB
Sunbelt Business Brokers of Pasadena
phone: (626) 395-0717 x 223
CONTACT US
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| Status | Active |
|---|---|
| Listing ID | 622 |
| Listed Price | $425,000 |
| Down Payment | $425,000 |
| SDE | |
| Total Sales | |
| Asset Info | |
| Inventory† | $35,000 |
| Furn., Fixtures & Equip.† | $60,000 |
|
† Included in price |
|
Reason For Sale
Retirement
Operations
| Year Established | 1923 |
|---|---|
| Form of Ownership | Corporation |
| Absentee Owner | N |
| Franchise | N |
| Days & Hours | Mon-Fri 8-5 & Sat 8-12 |
| Years Owned | 50 |
| Business Age | 89 |
Location
Southwest Los Angeles County| Type of Location | |
|---|---|
| Lease Expires | |
| Security on Lease | |
| Location Comments | Property Owned |
Executive Summary
Business Description
This is a long established tire business near LAX with huge name recognition. Operates in a large variety of market segments selling to Retail, Commercial, and Industrial Accounts as well as nationally branded car rental companies, airline and ground service companies at LAX. Relationship with many customers go back three generations. Current owner wishes to retire. Very strong growth potential with new management.
© 2012 California Association of Business Brokers 