Tire Distribution & Automotive Services

TX

Tire Distribution & Automotive Services
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Asking Price: Get Financing: $1,560,000

Cash Flow: $425,000

Gross Revenue: $2,700,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Tire Distribution & Automotive Services

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Business Description

The Business sells many major brands of tires for passenger cars, light trucks, ATV’s, and agriculture vehicles. They provide various services, such as battery replacement, brakes, cooling system repairs, diagnostics, oil changes, and wiper belt & hose replacement principally on automobiles and small trucks. They have given priority to customer service and relationship sales and now service thousands of recurring customers. Their primary clientele is the average consumer, and there is no economic dependency upon any customer.
The Business shows a steady upward growth trend over the past 10 years to $3M gross revenues. ASE Technicians on staff and strong longevity in employment. This is neither an offer to sell nor a solicitation to sell securities.

Attached Documents


Detailed Information

Real Estate:
Owned
Building SF:
10,000
Employees:
10
Facilities:
The facilities and land currently being used are owned by the sellers of the Company. They are willing to sell the property or, the property can be leased at market rates for a negotiable time period. There is also an additional storage facility available to purchase or lease.
Competition:
There is a significant opportunity to utilize thousands of co-op dollars for marketing campaigns, accumulated per unit (tire). Major tire manufacturers and auto part suppliers offer the Company sizeable incentives to display their names and essentially create minimal advertising expense. Participation in very select tire companies co-op and earn back bonus programs significantly enhance dealer profits. There are some positive factors influencing the tire and automotive repair market today such as; favorable outlook for gasoline prices, renewed growth in registered vehicles within a defined geographical region; including the number of cars entering the first replacement cycle and tax reform. The demand for replacement tires and automotive services is somewhat resistant to variations in the economy making it a relatively stable industry. Business is located in a high traffic area in the city.
Support & Training:
Sellers will remain for a reasonable transition period and sign a covenant not to compete.
Reason for Selling:
Retirement
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Horizon Business Group, LLC

Business Listed By:
Keith Chapman

Horizon Business Group, LLC

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