30-Day Close Requested  ·  Cash Prefered  ·  Seller Financing Negotiable  ·  NDA Required for Financials

Business Acquisition Opportunity  ·  Modesto, CA  ·  Est. 2017

Established
Rim Repair
Business

Asking Price $109,000
Equipment Value $100K+
SDE $75K
Price Multiple 1.5x
Monthly Rent $1,250

Seeking New Owner

Charlie's Rim Repair is looking for a new Owner, and will otherwise be closing in October 2026 after 9 years in business. We'd love to see this service remain open to the community. If you know of anyone who may be interested in taking over, please share the news.

Asking Price $109,000 Cash prefered — seller financing negotiable
FF&E Included $100,000+ Zero debt on all equipment
SDE (Seller's Discretionary Earnings) $75,000 Net profit + add-backs
Lease Through Oct 2027 $1,250/mo with renewal option

This is an asset acquisition opportunity for a fully operational, debt-free rim repair shop with an established customer base, an 8-year reputation, and over $100,000 in machinery and tools.

The seller is moving out of the area and is seeking to keep the business running without interruption by transfering to new ownership in October. The current owner and manager will provide a 3-week in-person training and aid in a smooth transition.

The asking price is $109,000, representing 1.5x SDE and less than the cost of sourcing, importing, and installation of comparable equipment.

Machines & Tools

$40,000 Speedy Round+ Computer-Controlled Rim Straightener Fully automatic, dealer-grade precision straightening
$16,000 Haishu CK6160Q CNC Diamond-Cut Lathe Computer-controlled diamond cutting for OEM-quality finish
$12,000 König 54 "Kaiser" Rim Repair System Complete system with integrated polisher
$9,000 König Gear-Drive Steel Rim Straightener Heavy-duty steel wheel straightening capability
$10,000 Snap-On Full-Size Mechanic's Tool Chest Complete set with lifetime warranty Snap-On tools
$20,000 Support Equipment Package TIG welder · 80-gal Husky compressor · Hunter tire balancer (disabled) · hydraulic press tools · hand power tools · Portable HVAC Systems · ADT alarm with cameras · Computer & sound system · Office equipment
Total Replacement Cost $100,000+

The Financials

Gross Revenue (2020-2025 annual average) $155,000
Average Monthly Sales $13,000 (60 jobs @ $150–$300 ea.)
Monthly Rent $1,250
Lease Remaining Through Oct 2027; Renewal optional
SDE (Seller's Discretionary Earnings) 1.5× at Ask $75,000

SDE is calculated as net profit plus add-backs: owner compensation, depreciation, taxes, interest, and non-recurring expenses. The asking price of $109,000 represents just 1.5× SDE. Full financials available to qualified buyers under mutual NDA.

281 Reviews

★★★★★
4.9
202 reviews
★★★★★
4.7
76 reviews
★★★★★
281
Combined Reviews
Google + Yelp

All accounts — Google Business, Yelp, Facebook, Instagram, and the established website — transfer to the new owner- years of organic trust-building and internet presence included.

Everything
Transfers.

Who is a good fit for ownership?

This is not a good fit for an investor who intends to be hands-off. The business requires a leader who will decide strategy, provide direction, and be present to business operations.

Future Growth Opportunities

Terms & Contact

The seller requests a 30-day close before shuttering the business in October. The business is operating today and ready for an immediate transition to new ownership.

Please feel free to stop by the shop directly to meet the owner Devin, and manager, Danny. We hope to see this service contiue to be offered to the local community for years to come.

Cash Prefered Seller Financing Negotiable Mutual NDA for Financials 30-Day Close

To Inquire

Call/text the owner directly at (415) 358-0881, option 0.
Or contact us here.
Serious inquiries only.
Financials provided under mutual NDA to qualified buyers only.