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Auto Parts, Accessories & Auto Performance Center
| Asking Price: | $349,000 | Inventory: | $80,000 ** |
| Gross Revenue: | $1,000,000 | Real Estate: | n/a |
| Cash Flow: | $175,000 | FF&E: | $125,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
A well known Auto Parts, Accessories and Auto performance center located on a busy, commercial avenue of Hudson County, New Jersey. The business primarily sells tires, rims, wheels and specialized performance accessories to the general public. The company is long established and is a well known parts provider in the Auto Industry. The business also offers full service auto repairs with a substantial markup for the current owner. Tire & Rim sales account for 60% of the business, general auto repairs account for 30% and the remaining amount is generated from miscellaneous retail sales. This business has produced high volume sales over $900,000 and is expected to produce over $1,000,000 for 2009. The seller will verify a minimum yearly net income of $175,000. This is a super opportunity with a stable income and availablility for additional expansion. The present owner does not do any of the parts repairs because he has a full repair staff who will remain after transition. A most lucrative opportunity, please call for further information.
About the Business
Year Established:1996
Employees:10 full time -
Facilities:Large facility is located on a commercial avenue and consists of 6,000 square feet. Business lease includes a storefront with a retail showroom and repair garage with 3 lifts. An existing lease is available for the new owner with an additional 5 year option and moderate rent payments. The monthly rent is approximately $3,780.
Market Outlook and Competition:No similar competitors exist in the general area. With continued good service and by improving local marketing and advertising, the owner can further develop the income.
About the Sale
Management Training and Support:Seller will provide a complete due diligence review period.
Reason For Selling:Relocating out of state
Seller Financing:Financing is available for a qualified purchaser
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Current Search
State: New Jersey
County: Hudson Next Listing: Auto Parts, Accessories & Auto Performance Center
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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