Heavy Truck and Auto Repair

  1. Home
  2. » Heavy Truck and Auto Repair
Heavy Truck and Auto Repair
Asking Price: $3,500,000
Gross Revenue: $7,127,000
EBITDA: $1,197,000
FF&E: included in sale
Inventory:

$485,000 (August 2019)

Description

This business was formed in the 1970’s by the current ownership.  Originally focused solely on the tire business, offerings expanded to meet market demand.  The business now offers:

  • Heavy truck tires and repair
  • OTR tire service
  • Service trucks on-call 24 hours
  • Light truck/passenger tires and repair

 

The business is an independent dealer and has excellent relationships with all the national brands.

Customer mix is diverse with lengthy relationships with corporate and individual clients.  There are no significant concentrations.

All the equipment is up-to-date and in good repair.  All inventory and materials on-hand at time of sale closing are included in the sale price.

Operations are centralized at one location, between I-526 & I-26, and central to the entire tri-county area.   The real estate is being offered in addition to the price of the business.  The sellers desire a package sale.

The business occupies 2.27 acres with two buildings constructed in 2001.  There is 600 feet of frontage on a high traffic road centrally located in the tri-county area.  There is a 10,000 square foot shop with four bays for servicing tractor trailers and includes warehouse, office and a customer waiting area as well.  The light truck/passenger and administration building is 19,000 square feet with 20 bays, warehouse, showroom and corporate offices.

The real estate has a tax-assessed value dated 2015 of $2,285,000.  Ownership will have an appraisal conducted to establish a selling price once a letter of intent has been agreed upon.

 

Contact Scott C. Hopper for more Information at 843-343-5765 or email SH@CharlestonBusinessBrokers.com.