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Maui, Hawaii Commercial Tire

A profitable Industrial/Commercial Tire service business in Maui, Hawaii is for sale due to the retirement of its owner.  In business since 2006 they are a major supplier and servicer of commercial tires, farm tires, industrial tires, OTR tires, ATV tires, light truck tires, and SUV tires.  

 

Products Sold: Goodyear, Hercules, Sailun, Double Coin, Sumitomo, Powerking, Advance, Carlisle, BKT and others. These product lines support the majority of tires sold for use on; TBR, OTR, Industrial, Golf, ATV, Light Truck and Passenger vehicles.

 

Services: Their service shop’s primary focus is Heavy Duty fleet and Light Truck and Industrial tire sales, installation and repair.  Their technicians and sub-contractors are experienced in handling a variety of repairs and services, including: Fleet Services, Mobile Tire Service, OTR Field Services, Tire Rotations & Wheel Balancing.  They also offer Tire Retreading Services through a certified through Goodyear on Oahu.  Other services include tire disposal pick up for multiple golf courses and large agricultural

 

The business has an impressive customer list of well-known companies throughout the island including moving companies, trucking companies, construction and government etc. Several growth opportunities available that the seller will discuss.  Excellent books and records. Seller will provide ample training for a smooth transition.

 

COMPANY

Listing ID:  HI Tire

Location: Maui, Hawaii

Type of Entity:  Commercial Tire Service Center

Year Established: 2006

Employees: 5

 

FINANCIAL SUMMARY

     2018

Revenue: $1,998,819

SDE: $176,141

 

OFFERING SUMMARY

Asking Price: $735,000

Included Inventory: $435,000

Tangible Assets: $107,000

Non-Compete: 5 years in County of Maui

Training: 2 weeks; 20 hrs./wk.

Sale Reason: Retirement

 

 

REAL ESTATE/LEASE DETAILS

Status: Leased expires 7/31/2020

Monthly Rent: $3,723 including CAM and TAX

Land – 8,274sf

Building 3,120sf

 

A detailed Confidential Business Profile is available for your review.