OUTSTANDING AND HIGHLY EFFICIENT USED TIRE SALVAGE OPERATION
- Listing Id: 2091
- Broker Name: MEL LISITEN
- Category: Auto Dealerships
- Asking Price: $4,995,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $700,000.00
- Inventory: $150,000.00
- No. Of Full-Time Employees: 15
- No. Of Part-Time Employees: N/A
- Gross Income: $2,850,000.00
- FF&E: $600.00
- Year Built: 1975
- Address: Click Here
- Zip Code: Click Here
- City: Manhattan
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
THIS UNIQUE BUSINESS IS VERY PROFITABLE AND HAS AN UNPARALLELED BUSINESS MODEL WITH HIGHLY COVETED CONTRACTS IN PLACE. THIS IS THE ONLY BUSINESS THAT PICKS UP USED TIRES FROM RETAIL AUTO SHOPS FOR FREE AND MAKES A TON OF $$$ ON THEM. THERE IS A HUGE DEMAND FOR QUALITY USED TIRES HERE IN THE U.S. AS WELL AS SOUTH AMERICA AND THEY ARE A MAJOR SUPPLIER. THEY HAVE GREAT RELATIONSHIPS WITH CUSTOMERS AND THEREFORE RECEIVE EXCELLENT PRODUCTS WHICH ARE RESOLD. 35% OF THE TIRES ARE RESALEABLE FOR EXCELLENT PROFITS. THE OTHER 65% OF THE TIRES ARE SHREDDED AND RECYCLED BY ANOTHER COMPANY. THEY ARE STRATEGICALLY LOCATED NEXT TO THE RECYCLING OPERATION AND IT CREATES A SYMBIOTIC RELATIONSHIP FOR THEM THAT CERTAINLY ADD’S TO THE BOTTOM LINE. THIS BUSINESS IS AN ABSOLUTE WINNER THAT DOES NOT TAKE EXHAUSTING HOURS TO MANAGE AND PRODUCES AND EXCELLENT CASH FLOW STREAM!! IT IS ALSO A VERY EFFICIENT BUSINESS WITH THE HIGHEST MARGINS FOR BUSINESSES IN THIS CATEGORY. IT’S A HOME RUN ACQUISITION FOR SURE!!
Financial Summary
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