Listing Number: 86715-401245
Description
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.
Listing Details
- Price: $ 7,164,718
- Down Payment: $5,731,744
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 12,057,567
- Location: Alabama
- Inventory: $ 4,342,077
- FF&E: $ 310,515
- Employees:
- Year Established: 1984
- Reason for Selling: Retirement
- Category: Distribution,Automotive
