Business Sales & Acquisitions
Price
$325,000
Location
Passaic County, NJ
Industry
Automotive and Boat
Listing ID
P122023
This is a well-established used tire dealer and distributor providing reconditioned tires to retail and wholesale markets for 24 years. Located in Bergen County, NJ with an easily accessible open to the public warehouse and office space. It is a simple operation with a few good employees that handle the warehousing and reconditioning work. The business sources, reconditions, and sells all types of quality used tires for trucks and automobiles. They maintain a good amount of popular inventory on hand with the ability to find what they don't have in stock fast. The used and reconditioned tire markets are very strong with excellent growth prospects for retail, commercial, and industrial consumers seeking quality and value while having a much lower cost alternative to purchasing new tires for their fleets and individual vehicles. • Asking Price: $375,000 Seller is seeking retirement and will assist with a transition and training as needed after the sale.
• Annual Cash Flow: $130,000
• Gross Revenue: $530000
• Inventory: $50,000
• FF&E: $40,000
• Employees: 3
• Monthly Rent: $4375
• Hours of Operation: Mon to Fri 8 am to 4 pm
Retirement
Seller will assist with training and after sale transition for 1 to 3 months.
SBA terms possible. Seller willing to have concurrent note with SBA if needed,
"*" indicates required fields
Price: $325,000
Location: Passaic County, NJ
Industry: Automotive and Boat
Listing ID: P122023
This is a well-established used tire dealer and distributor providing reconditioned tires to retail and wholesale markets for 24 years. Located in Bergen County, NJ with an easily accessible open to the public warehouse and office space. It is a simple operation with a few good employees that handle the warehousing and reconditioning work. The business sources, reconditions, and sells all types of quality used tires for trucks and automobiles. They maintain a good amount of popular inventory on hand with the ability to find what they don't have in stock fast. The used and reconditioned tire markets are very strong with excellent growth prospects for retail, commercial, and industrial consumers seeking quality and value while having a much lower cost alternative to purchasing new tires for their fleets and individual vehicles. • Asking Price: $375,000 Seller is seeking retirement and will assist with a transition and training as needed after the sale.
• Annual Cash Flow: $130,000
• Gross Revenue: $530000
• Inventory: $50,000
• FF&E: $40,000
• Employees: 3
• Monthly Rent: $4375
• Hours of Operation: Mon to Fri 8 am to 4 pm
Gross Revenue: $530,000
Cash Flow: $130,000
FFE: $15,000 (Included in price)
Inventory: $50,000
Reason for Sale: Retirement
Training & Support: Seller will assist with training and after sale transition for 1 to 3 months.
Year Established: 1999
Days & Hours of Operation: Mon to Fri 8 am to 4 pm
Owner Hours Per Week: 40
Employees: 3
Managers: owner
Monthly Rent: 4900
Type of Location: warehouse with office
Square Footage: 8500 to 9000
Relocatable: Yes
Financing/Terms: SBA terms possible. Seller willing to have concurrent note with SBA if needed,
"*" indicates required fields
Price
$325,000
Location
Passaic County, NJ
Industry
Automotive and Boat
Listing ID
P122023
This is a well-established used tire dealer and distributor providing reconditioned tires to retail and wholesale markets for 24 years. Located in Bergen County, NJ with an easily accessible open to the public warehouse and office space. It is a simple operation with a few good employees that handle the warehousing and reconditioning work.
The business sources, reconditions, and sells all types of quality used tires for trucks and automobiles. They maintain a good amount of popular inventory on hand with the ability to find what they don't have in stock fast. The used and reconditioned tire markets are very strong with excellent growth prospects for retail, commercial, and industrial consumers seeking quality and value while having a much lower cost alternative to purchasing new tires for their fleets and individual vehicles.
• Asking Price: $375,000
• Annual Cash Flow: $130,000
• Gross Revenue: $530000
• Inventory: $50,000
• FF&E: $40,000
• Employees: 3
• Monthly Rent: $4375
• Hours of Operation: Mon to Fri 8 am to 4 pm
Seller is seeking retirement and will assist with a transition and training as needed after the sale.
Retirement
Seller will assist with training and after sale transition for 1 to 3 months.
SBA terms possible. Seller willing to have concurrent note with SBA if needed,
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334