Listing ID: OTL220119
Location: Leduc, AB
OK Tire- Automotive Repair and Tire Shop
With 300 locations coast to coast; this company is the largest independent tire and auto service retailer in Canada. They carry a variety of products from farm, to passenger vehicles, all the way to specialty programs. Each store is independently owned and operated and are all uniquely based on their geographic location. This franchise carries a variety of different popular sized tires and brands and they have 11 regional distribution centers that span all the way across Canada.
Why This Business
- Well established
- Loyal clientele
- Competitive pricing
- No royalty fees
- Reasonable monthly advertising fees
- Active lease in place
- All assets included in price
Are the current owners the founders?
No, the business was acquired in 2014.
Reason for Sale
Owner is looking to pursue different ventures.
Business Premises and Location
Does the Vendor own the premises?
No, the premises are leased.
Is the premises part of this sale?
What is the cost of the lease?
Additional information upon request.
Documents Available For Review (Subject to Offer)
Business Sales Memorandum, Financial Statements, Equipment List
Annual Revenue: $1,436,380
Discretionary Earnings: $301,329
Year Established – 1982
# of Employees – 8
Assets – $400,000
Inventory – $154,000
Asking Price – $899,000 + inventory
Seller Financing – Not applicable