If you’re looking for an automotive business for sale near you, there are a number of different opportunities to consider. One option is a roadside assistance business, which is a non-cyclical, recession-resistant market. Another option is an automotive repair business. Both of these types of businesses require regular maintenance and repairs, but they offer a high margin of profit.
Tire business offers non-cyclical, recession resilient demand
The tire business is not as cyclical as you may think. The key metrics for this industry include miles driven and car production. When car production is weak, tire sales will suffer. If car production is strong, the replacement tire market will benefit. And if both are strong, the tire business will remain healthy even during recessions.
One of the most attractive aspects of the tire business is its non-cyclical, recession- resistant demand. As long as the price of oil remains low, this business will remain stable. In addition, the tire business is a good bet for global growth and moderate raw material price inflation. This business may not be valued at the same multiples as a software company, but it is still a great way to generate a high yield on a modest growth stock.
Automotive repair business offers non-cyclical, recession resilient demand
An automotive repair business is a good choice for a business owner who is interested in non-cyclical, recession-resistant demand. Although new cars are hard to come by and expensive to purchase, people still want to keep their cars in good condition and avoid having them break down. Because of this demand, auto repair franchises are doing well. These franchises are helping Americans stay on the road for longer periods of time.
There is a lot of uncertainty surrounding the political and economic outlook for 2020, which makes the prospect of a recession even more ominous. The Great Recession, after all, is still fresh in the minds of many people. However, investors are still positive about this industry and its non-cyclical, recession-resistant demand.