Chrome Stop Retail Stores for Truck accessories

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Asking Price:
$2,350,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
$245,000
Inventory:
$500,000
included in asking price

FF&E:
$168,000
included in asking price

Real Estate:
$1,250,000
included in asking price

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Business Description

Strongly profitable retail business specializing in Chrome and accessories for the big truck industry. 33 year old business with over 32,000 customer files, two locations on the two major interstates in South Carolina, and an outstanding reputation within the trucking community nationwide. $ 245,000 EBITDA plus $ 70,000 yearly salary for owner/operator. Corporate location has substantial real estate and the price includes real estate, FF&E, and $ 500,000 in inventory. Owner prepared to provide training but basic knowledge of retail operations is all that is required to enter this dynamic and exciting business.

About the Business

Year Established:
1985
Number of Employees:
24
Home Based:
Yes
Real Estate:
Owned
Building Sq. Ft.:
13,600
Facilities:
Corporate Office, Chrome Stop Retail Store, Warehouse, and Truck Wash totals 13,600SF and is included in sale. Second Chrome Stop Retail Store and Install Shop is a leased facility with 3600SF of Retail Space and 2000 Sf of Warehouse and Install space. FF&E includes a forklift, retail display fixtures, lighted billboard sign, computers and POS software at both locations. Corporate Office additionally includes office furnishings and a Van. Leased Facility additionally includes install equipment.
Market Outlook/
Competition:
Locations cover the two major interstates in South Carolina. No major competitors in South Carolina. 33 Year history of profitability. Well known and Well respected in the trucking accessory business nationwide.
Growth & Expansion:
Owner just launched a website with over 1500 SKU's and more are being added daily. Monthly newsletter goes to over 3,500 customers nationwide. The leased facility has been in operation for only 5 years and it already exceeds the corporate location by 40% in sales. The business could be expanded by adding two more locations within South Carolina and unlimited potential exists by adding locations nationwide.
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About the Sale

Reason For Selling:
Owner is retiring
Training/Support:
Owner prepared to provide as much or as little training as buyer requires. Compensation to owner for training time depends on length of time and depth of training required.

Listing Info

ID:
1527636
Ad Detail Views:
868

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Business Listed by

Jackson Cobb

Cobb & Sabbagha Realty
License# CG648

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U.S. Census Data for South Carolina
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for South Carolina
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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