What happens to customers’ stored tires when a tire shop is sold?

Seasonal tire storage is a promise to look after something that belongs to someone else. When a shop changes hands, the buyer takes on that promise, and any set that cannot be found becomes an argument. A careful count before closing helps both sides avoid disputes.

Count, tag and match

Walk the storage area with the buyer or their representative and count every set. Tag each one with a customer, vehicle and date, and match the tags to the storage records. Note sets with no record, and records with no set. Photograph the racks and sign the count together. That list becomes part of the closing documents.

Prepaid fees and who is responsible

If customers prepaid for a storage season, the buyer is taking on the service without having received the money. Work out how the prepaid amounts are handled at closing, and put it in writing. Agree who answers for a set that is missing or damaged, both before and after the date of handover. Your lawyer can put those terms into the agreement.

Telling customers

Agree on what customers will hear and when. A short message that names the new owner, confirms their tires are safe and gives a contact for questions is usually enough. Make sure the buyer can look up any customer’s set by name, plate or ticket on the first day. If the storage location is changing, say so clearly and early.

Keep these records current and exportable.