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Profitable Tire&Automotive Service Business OKTIRE
Fort McMurray, Alberta
Automotive Repair and Services | Marine Repair, Parts & Services
Asking Price $350,000 Inventory Not Disclosed 
Revenue Not Disclosed Real Estate Not Disclosed 
Cash Flow Not Disclosed Year Established 2005
FF&E Not Disclosed Employees Not Disclosed
> Glossary of Financial Terms

For the past 12 years the company for sale has been providing exceptional auto and truck tire sales and mechanical repair service in Fort McMurray and area. The 5 bay location is fully staffed with a General Manager, Service Writers, Mechanics, Apprentices and Tire Technicians. Fully equipped with all of the latest equipment. The OK Tire Gregoire location services thousands of commercial and consumer customers each year. The location has been owned by the current absentee owners since June 2011. Gregoire Industrial area is home to dozens of oil field services companies including Hertz, United, Connacher Oil and GP Metal, all OK Tire customers. Although the business has seen a robust corporate customer base, not one client exceeds 10% total sales. The store also provides outcall services. Before 2011, the store was independent, The Tire Guy, and doing $1.7MM in sales out of two bays with one hoist. In 2014, we added an additional bay and two new hoists. There is an excellent long term lease in place and all staff are willing to stay with the company. The store has recovered from the 2016 wildfire and is increasing sales and profit monthly. The current Edmonton based owners visit the store twice a year and provide sporadic support. The business would greatly benefit by having a local owner/operator/partner which would help fuel growth.

Recast EBITDA average, excluding wildfire recovery is $217,000.00
Facilities and Assets: 4 years remaining on current lease.
Market and Competition: OK TIRE (Gregoire) is located on the South side of Fort McMurray, in Fort McMurray's Industrial area
Growth and Expansion: Current owners feel that if owner was local, energetic go getter this could be a 3 million dollar a year business.
Support/Training: Sellers would be willing to provide some training.
Reason Selling: Owners reside in Edmonton

Business listed by:
Lisa Hartigan

AD # 105531
The information in this listing has been provided by the business seller or representative stated above. Kazooga has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read Kazooga's Terms & Conditions before responding to any ad.
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Business listed by:
Lisa Hartigan

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