Midwest Business: Commercial Truck Tire Specialist

Featured on BusinessForSale.com . 4 viewed

Asking Price

$3,150,000

FOR SALE - ACTIVE

Detailed Information

Location

Midwest Area, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This business, located in the Midwest with easy highway access, specializes in selling and servicing commercial truck, construction, and farm tires. They carry a wide range of major tire brands and offer high-quality re-tread tires. Serving truckers, contractors, farmers, and manufacturers, the company also caters to light trucks and passenger vehicles, which make up a small portion of their sales. With 24-hour roadside assistance available through eight service trucks, no single client accounts for more than 4% of the annual income, providing flexibility for growth strategies. Generating $6 million in revenue in 2022, the business is offered debt-free with payables around $490K. The property encompasses two buildings totaling 22,620 square feet, including production, warehouse, and office space. The owners are open to leasing the property at $11,500 per month or considering a purchase. Marketing efforts focus on local referrals, an informative website, and online presence. The business boasts an experienced, nonunion

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