Are you interested in selling your tire business in Raleigh, Durham, Chapel Hill and surrounding areas?

Target Locations: Raleigh, Durham, Chapel Hill, Cary, Apex, Holly Springs, Knightdale, Rolesville, Research Triangle Park, Hillsborough and Pittsboro

  

“We treat employees and customers like family. If you’ve built a great business reputation and you are at the point in life where you are ready for a change, we’d like to speak with you. We have a proven track record of taking care of your loyal employees and continuing the legacy you have created.”

-Marc Pons, President, Chapel Hill Tire

Murphy Business Services has been engaged by Chapel Hill Tire to help them grow through acquisition. We are looking for:

  1.     1-5 store chains
  2.     Revenue: $750,000-$2.5M/location
  3.     6-8 bays
  4.     Retail: Ideally located on main road (high traffic counts) within vicinity of Retail Box Stores
  5.     Lease: 7-8% of sales (also interested in purchasing real estate if owner owns and is willing)
  6.     Well run operation, solid reputation, good quality installations, and a knowledgeable staff.

Typical Offer and Sale Process

The buyer anticipates 6-8 week acquisition process with an all-cash closing. After initial review, the Buyer will present a Letter of Intent (LOI) outlining their offer to purchase. All of our fees and commissions are paid by the buyer – we are not soliciting your business.

Next Steps

If you would like to confidentially and discreetly discuss your situation, whether or not this is the right opportunity for you, and how we can assist you throughout the process, please call me at (252) 339-6471 or email me at t.ryan@murphybusiness.com.