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: [email protected]

• 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.