Tire Retreading Business Equity Stake For Sale in Belagavi, India

- Tyre retreading services for a wide range of vehicles, including passenger cars, trucks, tractors, and large off-the-road (OTR) vehicles, helping clients extend tyre life and reduce operating costs.
- Primary customers are transport companies and large fleet operators, which account for a majority of revenues, as well as other commercial vehicle owners who rely on regular retreading to maintain fleet efficiency. Physical assets include working tools and equipment, as well as the office setup, including furniture and electronics. Operating from three rented facilities located in Belgaum: two manufacturing units and one office space, with a combined monthly rent of INR 2.1 lakh. The business has outstanding secured loans totaling INR 60 lakhs from banks, including vehicle loans, bank cash credit, and NBFC loans, with a total monthly EMI of INR 2.20 lakhs. Additionally, vendors have extended credit worth approximately INR 80 lakhs, which operates on a rotational basis, as the company also extends credit to its customers. There is an unsecured loan of INR 1.2 crore from the company owner, separate from the initial capital invested.
The business has two partners with an ownership split of 70% and 30%, and the majority partner is exiting the business.