Tire and Wheel Service Company in High Traffic Area

Oklahoma
listing image
Sale Pending
Asking Price:$705,218
Gross Revenue:$1,776,775
EBITDA:$187,852
Real Estate:$2,500,000
Cash Flow:$216,285
Inventory:$153,000
FF&E:$211,660
Established Year:1974
BUSINESS DESCRIPTION

This business specializes in providing tires and wheels for passenger, commercial, agriculture, and industrial vehicles. They’re a highly dependable company that operates with a customer-centric approach. Despite the challenges posed by the pandemic, the business has demonstrated resilience, achieving significant revenue and steady growth. The business has a well-trained and dedicated staff, state-of-the-art facilities, and equipment, all of which contribute to its growth potential. The business is in a high-traffic area with easy access to the interstate, and with the continued development of residential areas in eastern Oklahoma, there are ample opportunities for the business to serve additional customers and continue to grow.


DETAILED INFORMATION
Location
Oklahoma
Inventory
Not Included in asking price
Real Estate
Owned
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities include 7600 sq. ft. shop, 2400 sq. ft. office/lobby/etc., 6600 sq. ft. warehouse, 3840 sq. ft. under roof canopy, 2.3 acres. Equipment includes Tire Changers, Tire Balancers, Tire Dunk Tank, Floor Jacks, Air Tank, Chetahtank, 2 Wheel Dolly, 10K 2 Post Lifts, 412K 2 Post Lift, 15K 2 post lift, Oil Drain Tank. Facilities and equipment are in great condition and are poised for growth.
Competition
Minimal competition in their area of operation. The majority of the competition is approximately 30 to 45 minutes from their location.
Growth & Expansion
Significant growth can be realized with minimal capital investment. Examples of additional services include brake repairs, transmission service, driveline service, coolant service, fuel service, reconditioning services for local preowned car dealerships, field tire repair with a focus on agriculture and industrial customers.
Support & Training
Owner is willing to stay on or serve in a capacity that allows for a seamless transition.
Reason for Selling
Owner is ready to retire.
Report an Issue with this listing
profile-img
Mark
Kincannon
logo-img
Mark Kincannon