The Company provides automobile tire and general repair services to customers in its regional market. Tire sales and services include lawn and garden equipment, passenger cars and light trucks, and medium trucks and farm tractors.
The Company relies on its prime near-highway location, radio and newspaper advertising, co-op advertising programs through Napa Auto Parts, and Firestone and Michelin tires, word-of-mouth, and referrals to generate business.
Customers are general public patrons and agricultural (75% of 2015 revenues), and state/commercial/national bids (25%).
* Strong supplier relationships: The Company is an authorized dealer and/or installer for Firestone® and Michelin® tires, and NAPA Auto Parts.
* Diversified customer base: The Company’s customer base is very diverse as no single customer represents more than 8% in a given year.
* Management will remain through transition: To facilitate a successful and orderly transition, the current owners are willing to remain with the Company during a transition period.
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