IAG M&A Advisors is pleased to announce the recent sale of our client, Crescent Circle LLC, doing business as Tire Pros of Clearlake, located in Kelseyville, California. The business has been acquired by a private investor. Please join us in congratulating David Michaelson and Holden Buckner on this achievement.
Tire Pros of Clearlake is an established tire and automotive service center serving drivers across Clearlake, Clearlake Oaks, and Lower Lake. In a region where residents depend on their vehicles to get to work, school, and everywhere in between, a trusted local shop with a loyal customer base is exactly the kind of business an individual buyer is looking for.
Deal highlights
- A private investor buyer. The business was acquired by an individual investor looking for an established, cash-flowing operation rather than a startup.
- An essential, recurring-need service. Tires, brakes, alignments, and routine maintenance are needs that don’t go away, which gives buyers confidence in the durability of the revenue.
- National brand, local relationships. Operating under the Tire Pros banner provides brand recognition and purchasing support, while the shop’s reputation was built one customer at a time in the community it serves.
- Continuity for customers and staff. The shop continues to serve the Clearlake area under new ownership.
About Tire Pros of Clearlake
Located on Lakeshore Drive in Clearlake, Tire Pros of Clearlake offers tire sales and installation, wheel alignments, brake repair, oil changes, battery service, suspension repair, tune-ups, TPMS service, air conditioning service, and preventative maintenance.
The shop is a certified dealer of BFGoodrich, General, and Continental tires and carries a broad range of additional brands, including Michelin, Pirelli, Cooper, Yokohama, and Toyo. Customer financing options, Spanish-speaking staff, and strong warranties have helped it earn a loyal following throughout Lake County.
How the process worked
This transaction highlights what makes a local service business attractive to buyers, and why preparation matters when it’s time to sell.
Recurring demand is a selling point. Automotive service is not a discretionary purchase. Every vehicle on the road eventually needs tires, brakes, and maintenance. Buyers place real value on revenue that comes back year after year from the same customers.
Reputation transfers when the business is built right. A shop with experienced staff, established vendor relationships, and a strong local reputation gives a new owner a running start. Presenting those strengths clearly is what helps a buyer see the business as a safe investment.
The right buyer is out there, but they have to be found. Individual investors are one of the most active buyer groups for businesses like this one. Reaching qualified buyers confidentially, and keeping the process moving through due diligence and closing, is where an experienced advisor earns their keep.
Why this outcome matters to sellers
If you own an automotive service or other local service business, a few takeaways are worth carrying forward:
- Buyers are actively looking for established, essential-service businesses with steady demand and a loyal customer base.
- Clean financials, documented processes, and a capable team make a business easier to finance and easier to buy.
- Brand affiliations, supplier relationships, and warranty programs add value. Make sure they are clearly presented when you go to market.
- A confidential, well-run process protects your employees and customers while you find the right buyer.
Looking ahead
Under its new ownership, Tire Pros of Clearlake will continue serving drivers throughout Clearlake, Clearlake Oaks, and Lower Lake. Learn more about the shop at tireprosclearlake.com.
Congratulations again to David Michaelson and Holden Buckner on a well-earned result.
Ready to explore your exit options?
If you’ve built a local business and want to understand what it could be worth to the right buyer, start with a short, confidential conversation.
