Commercial & Retail Tire Services: NY

Featured on BusinessForSale.com . 14 viewed

Asking Price

$2,500,000

FOR SALE - ACTIVE

Detailed Information

Location

Syracuse, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This well-established company in upstate New York offers a range of commercial and retail tire services, specializing in tire sales and retreading. They carry top brands like Bridgestone, Firestone, Goodyear, Dunlop, and Kelly Springfield and cater to commercial and government clients as well. With a fully owned 16,000 sqf facility, they provide services such as retreading, powder coating, and 24-hour emergency roadside assistance. Operating for over 65 years, the business boasts a large inventory selection and state-of-the-art retreading equipment. The owner, motivated to sell due to retirement, is offering hands-on training for a smooth transition. Priced at $2.5 million with an annual cash flow of $650,000, this business opportunity includes $750,000 in FF&E and an inventory worth $275,000. With SBA preapproval in progress, interested buyers can benefit from an established operation with a dedicated team of 8 full-time employees.

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