Profitable Tires and Rubber Products Company for Sale in New Jersey, United States
Established | 40-50 year(s) |
Employees | 10 - 50 |
Legal Entity | S Corporation |
Reported Sales | USD 2.9 million |
Run Rate Sales | USD 2.9 million |
EBITDA Margin | 32 % |
Industries | Tires and Rubber Products |
Locations | New York + 1 more |
Local Time | 7:52 AM America / New York |
Listed By | Advisor / Business Broker |
Status | Active |
- This unique business is very profitable and has an unparalleled business model with highly coveted contracts in place.
- This business picks up used tires from retail auto shops for free.
- There is a huge demand for quality used tires here in the USA as well as South America and they are a major supplier.
- 35% of the tires are resale-able 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 adds 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.
- This businesses largest contracted customer is currently in a very aggressive growth phase and they are adding a new location every other week. Just in the last 6 months this operation has picked up 20 new stores just from this major supplier alone and have the right to every new store that opens.
- Any ambitious new owner of this business could easily gain new accounts from big companies like BJ’s, COSTCO, SEARS, STS, ETC.
- This business currently has about 4% market share. There are approx. 30 million used tires disposed of annually in the Tri-State, all of them waiting to be picked up and profited from.
Recycling of used tired.
Lease Security: 4500.
Monthly Rent: $ 2,200.
Type of Location: Stand Alone.
Facilities:
All trucks, trailers, and inventory are kept in a gated commercial lot.
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Earlier than 15 daysFounder, Mumbai, Accounting Firm connected with the Business
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Earlier than 15 daysPresident, Wine Shop, Brick Township, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Ontario, Commercial Real Estate Broker connected with the Business