Nov 16, 2024 | Business Appraisal, Business Valuation, Buying a Business, Tire Dealership
Are you interested in buying and owning your own business in the automotive sector? You might consider purchasing a tire dealership! With car purchases maintaining a steady upward trend, the market for tires is constantly growing. This is great for tire dealerships as...Read More »
Apr 19, 2024 | SBA Financing, SBA Lender, SBA Loans, Tire Dealership
Tire dealerships sell tires and tire tubes for various vehicles. Many operators also provide tire maintenance and repair services. According to IBIS World, this industry generates over $9 billion in annual revenue. As such, operating a tire dealership can be...Read More »
Jan 13, 2023 | Tire Dealership, Valuation Approaches, Valuation Multiples
Demand for tire sales is expected to increase over the coming years. As such, now is a good time to enter the industry or prepare to exit. Whether you plan on buying a tire dealership or selling a tire dealership, understanding the value is important. When valuing a...Read More »
