Profitable Tire Retreading Business for Sale in Bangalore, India

- Business does tyre retreading for commercial heavy vehicles.

- Customers are big transportation fleets, travel bus operators, and school bus operators.

- We have about 20 fleets and one of them is SRS Travels.

- There are no formal agreements and we have a mutual understanding with all our customers.

- This business is an Apollo Tyres franchise and the buyer will have to renew their agreement.

- Apollo Tyres brands help us in generating leads for the retreading business as well.

- This is a debt-free sole proprietorship.

Tyre retreading with pre-cured rubber and synthesized rubber. The raw material is supplied by Apollo Tyres as well as selling tyres. We are the sole franchise of Apollo Tyre Retread in Bangalore.

The physical assets include the retreading machine (approved by Apollo Tyres) worth INR 30 lakh; fixtures, genset, and two Tata Ace trucks worth INR 20 lakh.

The business has trade receivables of about INR 48 lakh.

Rented location of 4,200 sq. ft. in Bangalore, Karnataka, India.