Tire Retreading, Certified Facility / Tire Sales and Service- Commercial and Consumer. Pending SBA approval.
Price: $2,500,000
Location: Syracuse County New York
Industry: Automotive and Boat
Listing ID: 102821
The company is a full-service commercial and retail business that specializes in Tire sales and Tire retreading. Services include sales, certified Retreading, Powder coating, and 24-hour Emergency roadside service. Brands included are Bridgestone, Firestone, Goodyear, Dunlop, and Kelly Springfield. The business maintains many commercial and government contracts. Vast inventory selection in house. Retrading equipment paid in full and in mint condition.
Established for over 65 years and operates in a 16,000 sqft facility located in upstate New York. Real Estate is fully owned by a related company .Open 5 days a week. The business is priced to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA preapproval is underway.
For more information, please contact: msussman@inbargroup.com
• Asking Price: $2,500,000
• FF&E: $750,000
• Annual Cash Flow: $650,000
• Gross Revenue: $1,900,000
• Inventory: $275,000
• Employees: 8 Full-Time
• Monthly Rent: $5,000
• Security Deposit: $10,000
• Down Payment: Negotiable
• Open: 5 Days
• Building Size: 16,000 Sqf
• Established: 1953
Reason for selling: Owner is seeking retirement.
Listing Details
Gross Revenue: $1,900,000
Cash Flow: $650,000
FFE: $750,000
Inventory: $275,000
Reason For Sale:
Owner is planning to retire.
Training & Support:
Seller will train and support and ensure a smooth transition.
Operation
Year Established: 1953
Days & Hours of Operation: 5 Days week, Monday - Friday
Non-Owner Payroll: $160,000
Employees: 8 Full-Time
Location
Monthly Rent: 5000
Type of Location: Single Location.
Square Footage: 16000
Summary
Potential Growth:
There is plenty of room for potential growth and expansion.