40 Year Old Tire Wholesaler For Sale
Relocatable, AL Not Disclosed
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- RE: 40 Year Old Tire Wholesaler For Sale
- Contact: Philip Webb
Quick Facts
| Asking Price: | $7,164,718 | |
| Annual Revenue: | $12,057,567 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $310,515 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | 29 | |
| BBN Listing #: | 945064 | |
| Broker Reference #: | 86715-401245 |
Business Overview:
The business is an established tire wholesaler selling tires and accessories to dealers across multiple states located in the southeast. The company has been in business for over 40 years, which the purpose of the sale is retirement for the two owners. The business is well run with a management team currently in place to continue to service and support the company’s well-established dealer relationships. The company has overhauled their software over the last couple of years to provide additional operational efficiencies.
The company has multiple drivers and sales and service support personnel over multiple states to further assist their dealers. The price includes the existing inventory and accounts receivable along with their vehicles and their operational fixed assets coupled with the goodwill of a well-established business providing reoccurring revenues. The sellers are offering some seller financing subject to final review and approval. Buyers will be required to provide industry experience and proof of funds. See broker for additional details.
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Property Features and Assets:
Facilities: 3 locations spread out over multiple states in the southeast. Owner owns all 3 locations. Seller is willing to negotiate new lease agreements with a potential buyer subject to market rental rates.
FF&E Overview: The fixed assets consists of furniture and fixtures, 15 commercial delivery trucks that have been well maintained and in good condition, trailers in good working condition, and other working equipment that are used in the business.
Market Competition and Expansion:
Expansion: More marketing efforts needed to increase more dealers across the seller's footprint in the southeast. This business can be scaled with additional sales and software to further support operational efficiency.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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