Profitable Service Industrial/Commercial Tire Biz - No Retail

Los Angeles County, CA

Profitable Service Industrial/Commercial Tire Biz - No Retail
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Asking Price: Get Financing: $479,000

Cash Flow: $212,114

Gross Revenue: $1,321,900

EBITDA: N/A

FF&E: N/A

Inventory: $30,000

Lease Rate: $5,348 /Month

Established: 1975

Profitable Service Industrial/Commercial Tire Biz - No Retail

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Business Description

Profitable Service Industrial/Commercial Tire Biz - No Retail

Profitable Industrial/Commercial Tire service business (no retail) serving the greater Los Angeles area located in an excellent location within Los Angeles County. In business for over 30 years, this business provides quality tires and service for commercial and industrial vehicles. Services include 24/7 Roadside Assistance for industrial and commercial vehicles, flat repairs, new tire replacement, wheel balance, etc. This shop includes a large stock of name brand Industrial/Commercial tires for replacement on a variety of larger vehicles. The business has an impressive customer list of well-known companies throughout the greater Los Angeles area including movie studios, moving companies, trucking companies, truck rental companies, etc. As per the seller, 90%+ of the business is B to B commercial business with higher profit margin and there is very little competition in the greater LA area for this type of product and service. Long term employees in place. Several growth opportunities available that the seller will discuss. Excellent books and records. Purchase price includes approximately $30K+/- of active inventory and all furniture, fixtures and equipment including vehicles. SBA finance is available for a qualified buyer and Seller will consider Seller Finance with a significant down payment for a qualified buyer. 2018 gross revenue, gross profit and cash flow is trending upwards and 2018 is expected to be another banner year. The trailing 12 month gross revenue is $1,321,900 and the trailing 12 month cash flow is $212,114. This is an excellent opportunity to purchase a well established business with an ever lasting, high need for its services with growth opportunities. Seller will provide ample training for a smooth transition.

Please note this is a confidential matter and NO additional information will be provided until a Confidentiality Agreement has been submitted. Please hit the reply button or the Contact Seller button or email your information to info@certifiedbizbroker.com to receive the necessary forms and further instructions.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,900
Lease Expiration:
N/A
Employees:
6
Facilities:
Prime location within LA County. Improved facility with ample parking.
Competition:
Seller to discuss
Growth & Expansion:
Seller to discuss
Financing:
SBA Finance may be available for a qualified buyer.
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Retiring
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Contact the Seller

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Matt Coletta, CBB, CBI, M&AMI

Business Listed By:
Matt Coletta, CBI, CBB

M&A Business Advisors

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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. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. 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. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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