40+ Year Old Tire Wholesaler For Sale

Alabama

Seller Financing Available

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Asking Price:$2,500,000
Inventory:$4,342,077
Established Year:1984
Gross Revenue:$10,500,000
FF&E:$310,515
BUSINESS DESCRIPTION

Price Reduction on a 40 Year Old Tire Wholesaler

*******Price Reduction******

This is a rare opportunity to acquire an established tire wholesaler with over 40 years of successful operations. The business sells tires and accessories to dealers across multiple states in the southeast. The sale is prompted by the retirement of the two owners.

Key Highlights:

Well-Run Business: Managed by a competent team that ensures seamless service and support for well-established dealer relationships.

Operational Efficiency: Recent software overhaul has enhanced operational efficiencies.

Extensive Network: Multiple drivers and sales and service support personnel across multiple states to assist dealers.

Comprehensive Sale: Price includes existing inventory, accounts receivable, vehicles, and operational fixed assets, along with the goodwill of a well-established business providing recurring revenues.

Seller Financing: Up to 40% seller financing or equity hold, subject to final review and approval.

Buyer Requirements: Industry experience and proof of funds required.

This is a prime opportunity for a buyer with industry experience to step into a thriving business with a solid foundation and significant growth potential. Don’t miss out on this chance to own a well-established tire wholesaler with a strong reputation and recurring revenues.

For more details and to schedule a viewing, contact us today!


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Employees
29
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: 3 locations spread out over multiple states in the southeast. Owner owns all 3 locations. Seller is willing to negotiate new lease agreements with a potential buyer subject to market rental rates. FF&E Overview: The fixed assets consists of furniture and fixtures, 15 commercial delivery trucks that have been well maintained and in good condition, trailers in good working condition, and other working equipment that are used in the business.
Growth & Expansion
More marketing efforts needed to increase more dealers across the seller's footprint in the southeast. This business can be scaled with additional sales and software to further support operational efficiency.
Financing
Owner Financing Amount $1,432,944.00 Owner Financing Interest 8.5% Owner Financing Te
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Retirement
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Philip
Webb
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Philip Webb