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Price Reduced! 50 year One-of-a-Kind Tire Business Opportunity

Reno, NV (Washoe County)

Seller Financing Available
Price Reduced! 50 year One-of-a-Kind Tire Business Opportunity
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Asking Price: $495,000

Cash Flow: $150,000

Gross Revenue: $1,390,688

EBITDA: N/A

FF&E: $320,000

Inventory: $100,000

Established: 1964

Price Reduced! 50 year One-of-a-Kind Tire Business Opportunity

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Business Description

This one-of-a-kind, 50-year-old tire business not only sells new and used tires, it also has steady revenues from recycling/shredding tires. This business gathers tires from throughout the Eastern Sierra region for shredding. While this business is centrally located, it will need to move from its current location, as the zoning has changed. The business currently sits on 2.7 acres with 3 storage areas and 1 office.
There’s room for expansion of services and revenue with additional trucks and personnel to pick up more tires for shredding. The store is well staffed with experienced employees willing to continue to work for a new owner. There are 4 key employees, and each have over 10 years of experience with the company.
The sale includes over $300,000 in equipment and $100,000 in inventory.
Northern Nevada is growing at an unprecedented rate, and increased housing equates to increased traffic, which is great for automotive business growth.
As Reno/Sparks continues to experience unprecedented growth, this business can only grow as residents and businesses continue to move to the area.

Detailed Information

Location:
Reno, NV
Inventory:
Included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2.7-acre facility with a 20,000 sq. ft. of storage and 3,000 sq. ft. office. Plenty of room to work, but needs to be relocated.
Competition:
None in the region. The uniqueness of this tire business is limited by the amount of staff and resources. The positive environmental impact of this business is one-of-a-kind, allowing for sustainable revenues.
Growth & Expansion:
Local and regional growth is increasing; traffic and vehicles bring new business.
Support & Training:
30 days
Reason for Selling:
Retirement
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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