Tyre Re-trading Business for Sale in Bengaluru

Bengaluru, Karnataka, India

Retail

Asking Price
1 Crs

Category
Retail

Turnover
2 Crs

Sub Category
Automobile

Legal Entity
Proprietorship

Business Listed By
Business Owner

The unit is located in bangalore for sale, the company has a franchise of one of the leading tyre companies in the world. The franchiser supplies the company raw material for commercial vehicles, and currently has 15-20 corporate clients. The unit is spread over a rented area of 4200 sq. ft. the rent paid is Rs.65000 pm. The tyre is re-traded after every 1,00,000 kms+ and about 300-500 tyres are re-traded in a month, the sizes of the tyres vary from 10/95- 1000/20. The company has profit margins of 25-30% on the tyres and earns a revenue of Rs. 2 lakh per month. The company has a stock worth Rs.6 lakhs and machinery worth 40 lakhs. The Re-trading industry was primitive therefore the company started. Being advanced in terms of technology they are equipped with Standard Hi-tech machinery, high-quality trade material and workers trained by the franchise company. The increased usage of Radial and Tubeless tyres in trucks, buses, lorry has raised the potential for re-trading and therefore, there was a need for quality retreading outlets. The tyres franchise not only provides infrastructural support to these re-trading outlets but will also give proper training to the employees of the company.

Year of Establishment

2016

No. of Employees

0

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Leased

Rental per Month

65 Thousand

Describe Property

N/A

Competition / Market

Tyre refurbishing units

Products & Services

Tyre retreating

Growth Potential

high growth potential

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

owner wants to concentrate on other businesses

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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