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Retail & Automotive Machine Shop + Wholesale
Auto Related - Auto Parts Retail and Distribution | Wholesale and Distribution - Wholesale and Distributors
| Asking Price: | $1,100,000 | Inventory: | $1,500,000 ++ |
| Gross Revenue: | $600,000 | Real Estate: | $426,000 ++ |
| Cash Flow: | $400,000 | FF&E: | $500,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This company stocks engine parts for cars, trucks and tractors. When an owner of any type of these vehicles needs these hard to find parts they most likely will find them here. The longer the parts are in inventory, the more valuable they become. This is a strong margin business and there are only a handful of people in this business throughout the country. They enjoy a very large and loyal customer base with a captive market for obsolete parts. This business employs a loyal staff of highly skilled machinists with the equipment on-site to rebuild engines. They have a total of 78 years of networking from its original start in 1930. The future for this industry is excellent as there are few specialists who operate at this level. The current owner will stay on through a reasonable transition period to acclimate you to the business, the employees and the clientele. Call now for more information about this exciting business opportunity.
About the Business
Year Established:1930
Employees:7 full time - 1 part time
Facilities:There are 2 buildings totaling 12,321 sq. ft. that are situated on approximately 3/4 acre and are all in good overall condition, and are owned and included in the sale. The facility is located on a city street in a high traffic area with good visibility. The location is easily accessible to major interstates covering both east-west and north-south arteries. The business can be relocated.
Market Outlook and Competition:There is very little competition in this area. Growth and Expansion can be obtained by hiring additional staff for outside sales, adding an installation shop and by capturing national accounts by offering national discounts and advertising to the trade this can increase sales revenues.
About the Sale
Reason For Selling:Retirement
Seller Financing:There is some owner financing possible for the right buyer.
KEYWORDS: automotive, automotive machine shop, automotive wholesale, engine, engine parts
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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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