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Tire Distribution Business (reconditioned), For Auto & Truck In Clifton For Sale

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

This is a well-established used tire dealer and distributor 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 with the ability to find what they don't have in stock fast. 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:

4375 per month rent. Month to month but a lease is available if wanted

Leasehold Rent:

$52,500 per annum

Location:

Clifton in Passaic County, NJ

Premises Details:

Clifton, NJ - 8500 (est) sq ft warehouse location with admin office located in Passaic County, NJ

Business Operation

Expansion Potential:

Good expansion potential with marketing and networking efforts

Reasons for selling:

retirement

Trading hours:

Mon to Fri

Employees:
3
Years established:
1999

Other Information

Support & training:

seller will provide training and support after a sale

Financing available:

some seller finance possible for well qualified buyer

Furniture / Fixtures value:
$12,000 - included in the asking price
Inventory / Stock value:
$50,000
Relocatable:
This business can be relocated.