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Listed by:

Transworld Business Advisors Birmingham SW

40+ Year Old Tire Wholesaler In Alabama For Sale

Alabama, US
Asking Price:
$7,164,718 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$12,057,567
Cash Flow:
Available on request

The business is an established tire wholesaler selling tires and accessories to dealers across multiple states located in the southeast. The company has been in business for over 40 years, which the purpose of the sale is retirement for the two owners. The business is well run with a management team currently in place to continue to service and support the company’s well-established dealer relationships. The company has overhauled their software over the last couple of years to provide additional operational efficiencies.

The company has multiple drivers and sales and service support personnel over multiple states to further assist their dealers. The price includes the existing inventory and accounts receivable along with their vehicles and their operational fixed assets coupled with the goodwill of a well-established business providing reoccurring revenues. The sellers are offering some seller financing subject to final review and approval. Buyers will be required to provide industry experience and proof of funds. See broker for additional details.

Property Information

Location:

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.

Premises Details:

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.

Business Operation

Expansion Potential:

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.

Reasons for selling:

Retirement

Trading hours:

7AM-F-5PM M-F

Employees:
29
Years established:
1984

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms:$1,432,944.00 Interest:8.5% Term Months:120 Monthly Payment:$17,857.06

Furniture / Fixtures value:
$310,515 - included in the asking price
Inventory / Stock value:
$4,342,077 - included in the asking price
Relocatable:
This business can be relocated.