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Tire Dealers Business Investment Opportunity in Zeytinburnu, Turkey

Tire dealers based in Turkey and also offer services such as alignment, balancing, tire repair.
This transaction has concluded.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 50 - 100
Legal Entity Other
Reported Sales INR 25.3 crore
Run Rate Sales INR 25.4 crore
EBITDA Margin 11 %
Industries Tire Dealers
Locations  İstanbul + 1 more
Local Time 12:23 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 13 crore for 50.0% stake (Native Currency: TRY 60,000,000)
Reason: Need funds to open 200 retail outlets across Turkey (with our advert) and for IT investment, improve... View More
Includes physical assets worth INR 17.4 crore
Interested to connect with advisors
Documents
Tax Declaration
Tax Board
Business Overview
- Turkey based tire dealers that has been in operations since 50 years.
- Our vendors are Michelin, Bridgestone, Pirelli, Hankook, Goodyear and we also procure from a few wholesalers.
- We export our products to more than 50 clients based in Europe, West Africa and Asia.
- We also have two retail stores wherein we sell the tires and have a factory where we provide services such as alignment, balancing, tire repair and wheel fixing and wheel painting.
- For retail operations, we have a database of 10,000 customers.
- We also provide periodic maintenance and fleet services to more than 50 businesses.
- Our assets include website, domain, land, cars, warehouse, headquarter building, machinery and stock.
- Promoters have more than 50 years of experience in this business.
Products & Services Overview
Retail & wholesale of tires, periodic maintenance, fleet operations, tyre export / import.
Facilities Overview
Owned 30,950 sq mt land and 90% finished 3,300 sq mt factory built up area. Owned 3,500 sq mt headquarter building. Two retail store, one is owned 3,600 sq mt building and other is rented 1,500 sq mt building.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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