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- RE: 40+ Year Old Distribution Business For Sale
- Contact: Philip Webb
Quick Facts
Asking Price: | $2,500,000 | |
Annual Revenue: | $10,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $310,515 | |
Real Estate: | Not Disclosed | |
Year Established: | 1984 | |
Employees: | 29 | |
BBN Listing #: | 945064 | |
Broker Reference #: | 86715-401245 |
Business Overview:
PRICE REDUCTION
Seize this rare opportunity to acquire a well-established tire wholesaler with over 40 years of successful operations. Located in the southeast, this business supplies tires and accessories to dealers across multiple states. The sale is prompted by the retirement of the two owners.
Key Highlights:
Well-Run Business: Managed by a competent team ensuring seamless service and strong dealer relationships.
Operational Efficiency: Recent software overhaul has significantly enhanced operational efficiencies.
Extensive Network: Multiple drivers and sales/service support personnel across several states to assist dealers.
Comprehensive Sale: Includes existing inventory, accounts receivable, vehicles, operational fixed assets, and the goodwill of a well-established business with recurring revenues.
Seller Financing: Up to 40% seller financing or equity hold, subject to final review and approval.
Buyer Requirements: Industry experience and proof of funds required.
Competitive Advantages:
Established Reputation: Over 40 years of trusted service in the tire wholesale market, providing a strong foundation and customer loyalty.
Wide Distribution Network: Extensive network of drivers and sales personnel ensures efficient delivery and support across multiple states.
Operational Excellence: Recent software upgrades have streamlined operations, enhancing efficiency and reducing costs.
Comprehensive Offering: Sale includes all necessary assets, from inventory to vehicles, ensuring a smooth transition and continued operations.
Financial Flexibility: Seller financing up to 40% offers financial flexibility for the buyer, making the acquisition more accessible.
Growth Potential: Opportunities for expansion through increased marketing efforts and scaling operations with additional sales and software support.
This is a prime opportunity for a buyer with industry experience to step into a thriving business with a solid foundation and significant growth potential. Don’t miss out on this chance to own a well-established tire wholesaler with a strong reputation and recurring revenues.
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Property Features and Assets:
Facilities:Â 3 locations spread out over multiple states in the southeast. Owner owns all 3 locations. Seller is willing to negotiate new lease agreements with a potential buyer subject to market rental rates.
FF&E Overview:Â The fixed assets consists of furniture and fixtures, 15 commercial delivery trucks that have been well maintained and in good condition, trailers in good working condition, and other working equipment that are used in the business.
Market Competition and Expansion:
Expansion: More marketing efforts needed to increase more dealers across the seller's footprint in the southeast. This business can be scaled with additional sales and software to further support operational efficiency.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Alabama businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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