Two Location Tire Dealer & Auto Services Provider

FL

Two Location Tire Dealer & Auto Services Provider

Asking Price:N/A

Cash Flow:$376,000

Gross Revenue:$5,300,000

EBITDA:$301,000

FF&E:N/A

Inventory:N/A

Established:1974

Two Location Tire Dealer & Auto Services Provider

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Business Description

Founded in 1974, tires include those for passenger cars, light truck, medium truck, off road, specialty, high performance, agriculture, and commercial use. Automotive services include oil changes, front end alignment, brake jobs, shocks, and minor mechanical repair.

The Company has approximately 400 active accounts within a highly diversified base of retail (45%), commercial (45%), and golf course (10%) customers.

The Company employs two outside sales personnel, and each location has one store manager and three assistant managers. The outside salesmen are responsible for acquiring new customers, as well as maintaining existing accounts, while the inside salespeople service existing accounts and walk-in customers. Marketing and advertising efforts include seasonal local television ads, advertisements in 8-10 annual HOA directories, a website, and service reminders.

• Superior Name and Reputation: In business for over 40 years, the Company is well established with an excellent reputation as a tire dealer and automotive service provider, with two locations in the area for customer convenience.

• Diversified Customer Base: No single customer accounted for more than 3% of revenue during the historical period, with the top five in 2015 collectively contributing less than 7%. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.

• Brand-Name Products: Tire brands represented include BF Goodrich, Bridgestone, Cooper, Dayton, Dunlop, Falken, Firestone, Fuzion, Goodyear, Mastercraft, Michelin, Mickey Thompson, Pirelli, Riken, Toyo, Uniroyal, and Yokohama.

Detailed Information

Employees:
35 FTE; 2 PTE

Listing Statistics for Premium Members

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Mark Breheny

Business Listed By:
Mark Breheny

Generational Equity, LLC

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Sponsoring Broker:
Don Sawyer

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