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Great niche business with few competitors - Price reduced

Tulsa, Oklahoma (Tulsa County)

Wholesale/Dist. - Durable Goods | Services - Miscellaneous Repair

$Seller Financing Available

Asking Price $1,200,000 Inventory $160,000* 
Gross Income $425,000 Real Estate $100,000* 
Cash Flow $380,000 Year Established 1979
FF&E $327,311* Employees 5

* included in the asking price

** not included in the asking price

Profitable niche business with few competitors

This business is ready for growth. Despite growing year over year this business is ready for more growth and profitability for the right person. The new owner would take over a business model that has managed to dodge the current recession and continues to grow and produce excellent cash flow. All the compnaies equipment is paid for and the company has no long-term debt. In addition to the current market area this firm serves there is growth opportunities in surrounding areas as well. The current owner is also willing to finance up to $700,000 of the sale price. All buildings and property are included in the sale.

Facilities: There are two buildings included in the sale. One with office space and warehouse space and another one for just inventory. The actual size of the lot is 300' x 100'.

Competition: The company has a very refined niche. It sells and services industrial tires. It has very few direct competitors and actually does work for some of its competitors. The company is well established and has been around for many years. They have grown year over year despite of not having any sales or marketing efforts. Revenue streams consist of Tire sales, trip charges and labor/press work.

Growth/Expansion: This business is ready for growth. It could grow its current territory as well as expand in the state or outside the state. The possibility for growth is unlimited. Very little capital investment is needed for growth. All the equipment is fairly new and has no debt.

Seller Financing Available: Yes

Financing: Seller will finance $700,000 of the sale price.

Support/Training: Seller is willing to stay on and train and would consider a sales role as a commissioned only employee.

Reason Selling: The owner is retiring.

Business For Sale By

Dennis Martin

(918)630-3105

Austin-Taylor & Associates

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