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Established Tire Distribution Business (reconditioned), For Auto & Truck In New Jersey For Sale

Clifton, New Jersey, US
Asking Price:
$375,000
Sales Revenue:
$530,000
Cash Flow:
$130,000

This is a well-established used tire dealer and distributor that has been providing reconditioned tires to retail and wholesale markets for 24 years. Located in Bergen County, NJ with an easily accessible open to the public warehouse and office space.

It is a simple operation with a few good employees that handle the warehousing and reconditioning work.

The business sources, reconditions, and sells all types of quality used tires for trucks and automobiles. They maintain a good amount of popular inventory on hand and have the ability to find what they don't have in stock quickly.

The used and reconditioned tire markets are very strong, with excellent growth prospects for retail, commercial, and industrial consumers seeking quality and value while having a much lower cost alternative to purchasing new tires for their fleets and individual vehicles.

• Asking Price: $375,000
• Annual Cash Flow: $130,000
• Gross Revenue: $530000
• Inventory: $50,000
• FF&E: $40,000
• Employees: 3
• Monthly Rent: $4375
• Hours of Operation: Mon to Fri 8 am to 4 pm

Seller is seeking retirement and will assist with a transition and training as needed after the sale.

Property Information

Real Estate:

Lease

Lease Terms:

month to month. Lease available from landlord

Leasehold Rent:

$52,450 per annum

Location:

Clifton, NJ - Passaic County

Premises Details:

warehouse location with admin office.

Size in square feet:
approx 8500

Business Operation

Expansion Potential:

good growth potential with expanding delivery routes and customer base in tri state area.

Competition / Market:

limited

Reasons for selling:

Retirement

Trading hours:

Mon to Fri 9 to 4

Employees:
3
Years established:
25

Other Information

Support & training:

Seller will stay on to provide support and training as needed. Working owners.

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$50,000
Relocatable:
This business can be relocated.