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Well Established Industrial Tire Retread Facility
Location: United States -> California
Industry: Auto Related > Auto Parts Retail and Distribution




Business Summary

Longstanding privately owned industrial tire retread factory on the rise. This profitable business has been serving its community and the Western United States for over 25 years. Consistent sales growth is trending upwards from 11% in 2021 to a projected 20% year-over-year increase for 2022. As new tire costs continue to soar, the retread market is experiencing banner windfall. The trend in this industry has always been to flourish amidst economic pressure.

- Longstanding repeat customer relationships
- 18,200 sq. ft. facility on 1.15 acres included in price
- Adjacent to major interstate.
- Nationally recognized Brand with loyal customer base
- Established in 1984
- 11% growth in 2021
- 20% growth in 2022
- Industry wide anticipated growth in 2023
- Seller to provide hands-on training to ensure smooth transition
- Tires for forklifts, skid steers, bobcats, and other major industrial equipment

The rising natural rubber costs and fluctuating crude oil prices bode well for this industry. These factors have driven the cost of new tires through the roof causing commercial buyers to look to retreads to reduce their runaway costs, making Industry experts bullish on this niche segment of the economy.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,038,000
Cash Flow:   $207,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,050,000
Seller Financing:  Yes

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  retirement

Photos

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Well Established Industrial Tire Retread Facility Photo 1




Print Listing Id: 700381516
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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