Small Town Auto Parts Retailer

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Small Town Auto Parts Retailer
Asking Price:
$115,000

Gross Revenue:
$140,213
Cash Flow:
$63,498
EBITDA:
$41,000
Inventory:
$100,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$60,000
not included in asking price

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Business Description

Unique business opportunity available. A family run business, located in a central Wisconsin business district, that will be celebrating 51 years in business in 2018. Included is a large inventory of popular and not so popular stock that keeps our local customers as well as customers from around the state and upper Michigan coming back. Specializes in difficult to replace bearings, seals, belts, U-joints and much more. The building is a 24 X 48 well-insulated pole building built in 1989. There is a separate kitchen area, bathroom and storage room. All this located on an approximately 7080 square foot corner lot. Comes with plenty of parking available for customers.

About the Business

Year Established:
1967
Number of Employees:
0
Real Estate:
Owned
Facilities:
Simple 24x48 insulated pole shed on 7080 sqft corner lot in small town business district. Building includes bathroom, kitchen, and store room.
This small family owned business has been passed down two generations. There is no more family interested in continuing the business.
Market Outlook/
Competition:
Although there are a couple of competing businesses in the area such as Fleet Farm and Wally World RV, the attention to personal customer service is unparalleled. Gene's Bearings is able to provide exactly what the customer needs while they wait, even if the part has no identification. Large retailers do not posses the expertise that Gens'e does to identify and provide the part without identifying numbers. This is the mail reason area farmers and auto enthusiasts come to Gene's Bearings.
Growth & Expansion:
Growth can be maximized by utilizing a few strategies such as: Internet, outside sales, delivery, weekend hours, expand into additional product lines.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks
Seller Financing:
Ask in offer

Listing Info

ID:
1509926
Ad Detail Views:
124

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Business Listed by

Eric Stewart

Transworld Business Advisors of Milwaukee

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U.S. Census Data for Wisconsin
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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 Wisconsin
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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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