Commercial Truck Tire Dealer & Retreater, Owner Absentee! (37996)
Business Description
Located in the Midwest in an industrial park with excellent highway access, this business specializes in selling commercial truck, commercial construction & farm tire sales and service. They offer many major tire brands and a full line of high-quality retread tires. This company caters to truckers, contractors, farmers & manufacturers, plus light truck and passenger vehicles that make up to 10% of sales. The company is equipped with eight service trucks to provide 24-hour roadside and mobile tire assistance. No individual client accounts for more than 4% of the annual income, allowing industry flexibility to optimize newer strategies. Offered as a debt-free business after payables under $490K, Revenues totaled $6,931,254 in 2024, alongside SDE’s of $808K and adjusted EBITDA of $582K. Projections for 2053 aim to surpass $7 Million! In prime condition with large expansion opportunities, a two-building property measures around 22,620 square feet, collectively including about 19,620-sq.ft. of production and warehouse space, plus 3,000-sq.ft. of office room. Owners prefer to lease at $11,500 per month but will consider purchase of the real estate. Marketing efforts rely on local referrals from a repeating clientele, backed by an informative website and online presence. An experienced personnel of eighteen nonunion employees with long-standing retention history will remain post-sale and continue operations after a negotiable transition period where owner keeps current manager role. Through low client turnovers, great service ratings and product diversity, plus years of ongoing reputations, excellent growth opportunities exist via more aggressive advertising, streamlining, and social media engagements. Based on an independent evaluation!
About the Business
- Years in Operation
- 44
- Number of Employees
- 18
- Facilities & Assets
- Listing also includes current Receivables & Prepaids of $486,728. Property is available for separate purchase.
- Market Outlook / Competition
- Business was established in 1981; acquired 2004.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 22,620
About the Sale
- Seller Motivation
- N/A
- Transition Support
- Negotiable transitioning period with owner-kept managerial role throughout.
- Financing Options
- Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
- ID
- 2201015
- Listing Views
- 1206
Listing ID: 2201015 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.