Active
Tire Business with Consistent Sales and Growth Potential! (37871)
Fleet, consumer and gov’t organizations provider! Located in a community southwest of St. Louis, business specializes in new & used truck and automotive tire replacements, plus a wide range of services such as alignments, tune-ups, oil changes, repairs, and maintenance. Since opening in 2008, listing has catered to Commercial markets (40%), individual Consumers (40%), and Government Agencies (20%), as tire sales account a consistent 70% of their income. Property is a prime 3,000 square foot facility, complete with five service bays, storage areas for products and state-of-the-art equipment, a customer waiting room, plus administrative spacing. The Real Estate holds a tenancy of $1,100 monthly with long-term agreement terms available, is found in excellent condition and pre-zoned to handle additional capacity for tactical expansions. Thanks to strong reputations plus a customer base that’s diverse and recurring, Revenues for 2021 reached $2,813,998 next to Discretionary Earnings of $359,021. Experienced personnel of seven nonunion employees agree to remain post-sale and continue quality-focused operations after the negotiable transition needed for a smooth acclimation of buyer. Besides online engagement through their website and socials, marketing efforts prefer to sponsor Future Farmers of America (FFA) and 4H events, while backing referral sources from clients. With no individual client making more than 3%, nor the Top Ten consumers summing over 13% of their annual income, company enjoys flexibilities for optimizations to increase market reach. As top online reviews and industrial outreach extends to further counties, growth opportunities exist in taking business to the next level through strategic promotions & new partnerships. Based on an independent evaluation!
Listed By: Flavia Milano
Background information
Seller Number:
37871
Year established:
2008
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$2,813,998
Profits:
$359,021
Profit type:
Discretionary Earnings
Operations
Employees:
7 nonunion.
Equipment:
$115,000
Inventory:
$158,000
Premises
Square footage:
3,000+/-
Rent and lease terms:
Holds a tenancy of $1,100.
Opportunities
Market:
Website, Social Media, Sponsor FFA and 4H Events, Referral Sources.
Price and terms
Price:
$900,000
Financing:
Negotiable up to 20% for the right buyer.
Owner Transition:
Negotiable Owner Transition as needed for smooth acclimation.