37185-Retail of NAPA Auto Parts & Farm Supplies

MI

Seller Financing Available
37185-Retail of NAPA Auto Parts & Farm Supplies

Asking Price:$695,000

Cash Flow:$64,000

Gross Revenue:$607,000

EBITDA:N/A

FF&E:$25,000

Inventory:$250,000

Real Estate:$125,000

Established:1988

37185-Retail of NAPA Auto Parts & Farm Supplies

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Business Description

This retail auto parts and farm supply business is located in central Michigan. This business is an authorized NAPA auto parts distributor and sells automotive and truck parts. This includes batteries, oil, exhaust pipes, hydraulic hoses, accessories, and other auto supplies as well as marine and recreational vehicle supplies. This versatile business also sells farm and lawn and garden supplies, including lawn mower parts, heavy duty truck parts and farm equipment parts. This business has a very loyal agricultural client base that relies on them for all of their farm supply needs. Their staff has extensive knowledge when it comes to both auto parts and farm supplies, so they can easily help customers find exactly what they are looking for.

This retail auto parts and farm supply company has been in business since 1988 with the current ownership. This Michigan based business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future. After years of hard work and dedication to building this business, the current owner has decided to retire and let a new owner take it to the next level. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. This company offers a new owner a successful business with a great reputation, along with an established customer base. For more information on this listing, contact us today. Equipment and inventory included in the sale, more details available upon inquiry.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 3,500 sq ft historic building in a high traffic area. The building features retail area, multiple storage areas, break room and an office. It is included in the sale, a lease option is negotiable. There is also room for expansion.
Competition:
90% repeat clientele. Customers have to come to know this company as one that will always provide excellent customer service. Their extensive selection and product knowledge means customers always find exactly what they are looking for. Their reputation for friendly customer service has built them a large customer base as well as a great reputation in the area.
Growth & Expansion:
There are many effortless growth opportunities for this business. An assertive new owner might consider starting a small engine repair business in order to expand off the existing agricultural client base. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team. In addition, building a company website would give the business wider recognition in the area and bring in more customers.
Financing:
Negotiable up to: 15.00 %
Support & Training:
Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason for Selling:
Approaching retirement.

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