This is a well-established used tire dealer and distributor providing reconditioned tires to retail and wholesale markets for 24 years. Located in Passaic 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 to $75,000
• FF&E: $15,000
• Employees: 3
• Monthly Rent: $4,900
• 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.
