PRICE REDUCED-Auto Racing Parts/Supplies Retail Store
| Asking Price: | $160,000 | Inventory: | $115,000 ++ |
| Gross Revenue: | $400,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $24,000 (comments below) | FF&E: | $56,000 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: expected to increase |
| Cash Flow Comments: expected to increase |
For the racing enthusiast, this company has the parts and supplies for every need. Seals, bearings, bumpers, bodies, chasis parts, tires, rims, carbs, you name it, the company can either supply it or source it for the race car. Known as a major source for racing parts and supplies, the company not only sources parts, but does some fabrication as well. Whether it is hot rods, muscle cars, drag, truck, circle, off-road, on road, or cart, the company specializes in every need for the racer. All inventory is current, and the asking price is for the inventory and equipment, even though the company has a positive cash flow at this point. Growth could be significant if one were to add a van to go directly to the race tracks when events are occurring like the prior owner.
About the Business
Year Established:1985
Employees:2 full time -
Facilities:2400 square foot retail space, one year lease, very reasonable lease rate
Market Outlook and Competition:This business could be taken back to 800k gross level by parts van going to races at local tracks.
About the Sale
Management Training and Support:owner will provide
Reason For Selling:owner is time stretched,
KEYWORDS: racing parts, supplies, retail store, auto, parts
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