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RE:  Well Established Industrial Tire Retread Facility Contact:  Ben Gilman
Owner Financing is Available!

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $2,038,000
Net Profit: Not Disclosed
Cash Flow: $207,000
Total Debt: Not Disclosed
FF&E: $900,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 368256818
Broker Reference #: 16754-437143

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Business Overview:

Longstanding privately owned industrial tire retread factory on the rise. This profitable business has been serving its community and the Western United States for over 25 years. Consistent sales growth is trending upwards from 11% in 2021 to a projected 20% year-over-year increase for 2022. As new tire costs continue to soar, the retread market is experiencing banner windfall. The trend in this industry has always been to flourish amidst economic pressure.

• Longstanding repeat customer relationships
• 18,200 sq. ft. facility on 1.15 acres included in price
• Adjacent to major interstate.
• Nationally recognized Brand with loyal customer base
• Established in 1984
• 11% growth in 2021
• 20% growth in 2022
• Industry wide anticipated growth in 2023
• Seller to provide hands-on training to ensure smooth transition
• Tires for forklifts, skid steers, bobcats, and other major industrial equipment

The rising natural rubber costs and fluctuating crude oil prices bode well for this industry. These factors have driven the cost of new tires through the roof causing commercial buyers to look to retreads to reduce their runaway costs, making Industry experts bullish on this niche segment of the economy.

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Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is not willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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