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Hampton Roads Truck Tire Wholesaler, SBA Lending Pre-Approved

VA

Seller Financing Available
Hampton Roads Truck Tire Wholesaler, SBA Lending Pre-Approved

Asking Price:$1,650,000

Cash Flow:$700,000

Gross Revenue:$5,000,000

EBITDA:N/A

FF&E:$125,000

Inventory:$300,000*

Established:1988

*not included in asking price.

Hampton Roads Truck Tire Wholesaler, SBA Lending Pre-Approved

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Business Description

.This national and international truck tire wholesaler is ready to be taken over by an aggressive individual who will take it to the next level. The company has shown steady revenue growth over the last five years. The seller will assist with a development plan for the purchaser to grow the import and export business and to the companies local service and repair business.

The real estate is available to be acquired with the business which would allow space for the additional service and repair work. The company is located for convenient and efficient access to local ports and heavy equipment users who are the customers of this business. The location also makes the truck repair and service convenient to terminals and shippers.

The seller is motivated to retire due to recent family events. The business is now pre-approved for SBA financing for a qualified buyer. .

Detailed Information

Inventory:
Not included in asking price
Employees:
9 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
16,400 sq. ft. building; available for lease or purchase
Financing:
SBA Lending Pre-Approved for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement

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Charles Broadwater

Business Listed By:
Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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