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Auction: Commercial Real Estate and Machinery, Equipment & Inventory of Tire World, Inc.

Description of Assets

Tire World Real Estate and Personal Property
Real estate and personal property offered separately or together
Also accepting offers for everything as a turn key operation

Tire World Business:
Tire World, Inc. is a very clean, positive cash flow business selling passenger tires, performance tires, light and medium truck tire, motorcycle and dirt bike tires, ATV tires, lawn and garden tires. Tire world also sells light truck and car accessories consisting or custom wheels, tools boxes, running boards, bush guards, truck caps, bed liners, performance chips, shocks, lift and lowering kits, vent guards, bug shields. tonneau covers, and ATV’s.

Repair Shop:
The repair shop offers a variety of repairs including oil changes, tune-ups, alignments, shocks, struts, exhaust systems, ball joints, tie rods and more.

The business is centrally located in Cambridge, Maryland on busy Rt. 50.

Commercial Real Estate:
Real Estate consists of a level 100’ x 400’ lot, zoned CB3. It contains a building with five bays, an air conditioned office, showroom, gift shop with showcases, and storage room. It also contains one 80’ x 20’ Oakwood, 3 bedroom, 2 bath mobile home in very good condition, three 45’ storage trailers with lights, and a 10’ x 10’ storage shed.

Personal Property:
Personal property consists of machinery and equipment to include a 4 post lift; 2 post lift; (2) tire changing lifts; Snap On alignment rack with accessories; strut machine; Maryland State Inspection Equipment; Miller welder, several hydraulic jacks; (3) air compressors; generator; fork lift; (2) wheel balancers; (2) tire changers; balancing plates; brake lathe; power and hand tools.

Inventory:
The inventory consists of approximately $300,000 in passenger car and light truck tires, plus ATV’s, truck caps, bed liners, tow hitches, tool boxes, and other car and truck accessories.

Date and Time Saturday, March 3, 2007, 11am
Location 2955 Ocean Gateway, (Rt. 50)
Cambridge, MD 21613 (Dorchester County)

Directions

Map of 2955 Ocean Gateway Rt 50, Cambridge, MD 21613
Google Maps  Google Maps - Yahoo! Maps - MapQuest
Inspection Dates Friday, March 2, 9am – 5pm or by special appointment.
Buyer's Premium 10% buyer's premium
Terms & Conditions

A bidder’s deposit of $25,000 is required to bid on this property. Deposit must be in the form of a cashiers check. A ten percent (10%) buyer’s premium will be added to the high bid and included in the total purchase price. Settlement within 30 days. The property is to be sold as–is with no contingencies.

**To Qualify for Tax Exempt for Resale Purposes Status, please bring a copy of your Maryland Tax Exempt License**

Full Terms & Conditions (PDF file, 108K)

Removal Date & Times TBD
Catalog Listing Coming Soon
   

SUBJECT TO ADDITIONS AND DELETIONS.

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P.O. Box 1346 Hunt Valley, MD 21030-6346 •  Phone: (410) 876-8210  •  Fax: 410.876.8782  •  E-Mail: mail@americanaai.com
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