Commercial Tire Retailer and Service Center

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$0
Revenue
$5,500,000
Business Description

BUSINESS HIGHLIGHTS The Company specializes as a commercial tire retailer and service center. The Company primarily services commercial vehicles and large hauling trucks with affordable high-quality new tires and road-ready used tires. In 2020, the Company sold 8,249 new tires and 4,073 used tires over 7,763 transactions. Current revenue generation is based on repeat customers, referrals, and exceptional industry reputation. Additionally, the Company has an up-to-date web presence, highlighting its inventory and services. The Company operates out of a leased 29,000 sq. ft. office and warehouse. INVESTMENT APPEAL Strong Historical Sales Growth - Historical sales have grown from $1,956,000 in 2018 to $3,363,000 in the fiscal year ending December 31, 2020, representing a compound annual growth rate of 31.1%. Sales have grown consistently year over year in the historical period. Strong Earnings - The Company has shown strong earnings potential with EBITDA ranging from 4.2% to 9.2% during the historical period. The owner can be replaced by a General Manager at a salary of $100,000. With this adjustment, the Company has an adjusted EBITDA margin of 21.1% through the first 9 months of 2021. High-Caliber and High-Tenured Staff - The Company fosters a workplace where it’s extremely experienced and talented personnel are able to thrive and grow, and therefore remain long term. The Company’s store manager has been in place since 2010. Cash Business - The Company collects cash or similar payment at the time of the sale. Location: Texas

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 5 days ago

Views: 8

Favorites: 0