Profitable Tire Retreading Business for Sale in Bengaluru, India
For Sale: 6-year-old established tyre retreading company with a very reputed client base.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 174 thousand |
| Run Rate Sales | USD 210 thousand |
| EBITDA Margin | 30 % |
| Industries | Tire Retreading |
| Locations | Bengaluru |
| Local Time | 7:07 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
140 thousand
(Native Currency: INR 12,000,000)
Reason: The owner wants to concentrate on another business.
Includes physical assets worth
USD
114 thousand
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Business Overview
- Business does tyre retreading for commercial heavy vehicles.
- Customers are big transportation fleets, travel bus operators, and school bus operators.
- We have about 20 fleets and one of them is SRS Travels.
- There are no formal agreements and we have a mutual understanding with all our customers.
- This business is an Apollo Tyres franchise and the buyer will have to renew their agreement.
- Apollo Tyres brands help us in generating leads for the retreading business as well.
- This is a debt-free sole proprietorship.
- Customers are big transportation fleets, travel bus operators, and school bus operators.
- We have about 20 fleets and one of them is SRS Travels.
- There are no formal agreements and we have a mutual understanding with all our customers.
- This business is an Apollo Tyres franchise and the buyer will have to renew their agreement.
- Apollo Tyres brands help us in generating leads for the retreading business as well.
- This is a debt-free sole proprietorship.
Products & Services Overview
Tyre retreading with pre-cured rubber and synthesized rubber. The raw material is supplied by Apollo Tyres as well as selling tyres. We are the sole franchise of Apollo Tyre Retread in Bangalore.
Assets Overview
The physical assets include the retreading machine (approved by Apollo Tyres) worth INR 30 lakh; fixtures, genset, and two Tata Ace trucks worth INR 20 lakh.The business has trade receivables of about INR 48 lakh.
Facilities Overview
Rented location of 4,200 sq. ft. in Bangalore, Karnataka, India.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysVice President, Textile Manufacturer, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Investments, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Stuttgart, Business Broker connected with the Business
Tags:
Profitable Tire Retreading Business for Sale in Bangalore, India
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