Profitable Auto Parts Wholesale Business

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Reasonable owner is ready to sale strong business!
Asking Price:
$1,499,000

Gross Revenue:
$2,778,000
Cash Flow:
$401,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$575,000
included in asking price

FF&E:
$375,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Located in Lackawanna County, Pennsylvania, the company is a long-standing, professional wholesale supplier of quality aftermarket automotive parts. The primary product lines consist bumpers, fenders, hoods, radiators, condensers, automotive lights, and more. The 27,000 square foot warehouse features 1,000 square feet of office space and is owned and available to purchase additionally. Since its inception, the company has grown exponentially, with the majority of its revenues coming from repeat business and strategic market capitalization in its geographic market. The customer base consists primarily of automotive dealers, body shops, and collision repair centers. The company has a proven track record of being able to stay ahead of market trends, new technologies, and changing trends in the types of auto body parts available to the ever changing consumer vehicle market. With its range of automotive parts, the marketing efforts focus on targeting repeating business utilizing its database of customer information. The company is also capable of providing on-time, daily deliveries to its customers through its fleet of delivery trucks and drivers. By providing delivery services, they maintain an even higher presence in the market by being able to capitalize on its customers entire parts needs, as some parts are not cost effective to utilize freight services. In 2018, the total revenue was $2,777,844, with Seller’s Discretionary Earnings of $400,834. The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to their continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion.

About the Business

Location:
Lackawanna County, Pennsylvania
Year Established:
1986
Number of Employees:
5
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About the Sale

Reason For Selling:
Approaching retirement
Training/Support:
The owner's available for a standard transitioning period up to one year.
Seller Financing:
Negotiable for the right buyer

Listing Info

ID:
1625506
Ad Detail Views:
0

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