20 FT
Business Summary
Founded many decades ago, the tyre business has been a hallmark of the local community and has collected a large and loyal following thanks to its reputation for friendliness and trustworthiness. In addition to tyre services, the shop offers several segments of automotive services, including oil changes, brake repair, wheel alignment, air conditioning repair, and inspections for New York State.
Within the last decade, the current owner opened an accompanying towing shop, which has many synergies with the auto shop and has been an incredibly lucrative investment. The towing company has strong partnerships with the major auto insurance providers to provide roadside assistance to automobile owners. They also offer salvage towing for the same auto-insurance providers and salvage yards. The towing and tyre businesses, which share the same trade name, are being sold together given the synergies that exist between the two and the shared overhead costs.
Past Financials
Projections
