Napa auto parts store in Mammoth Lakes, Ca.

Mammoth Lakes, CA (Mono County)

Seller Financing Available
Napa auto parts store in Mammoth Lakes, Ca.

Asking Price:$400,000

Cash Flow:N/A

Gross Revenue:$750,000

EBITDA:N/A

FF&E:$40,000

Inventory:$342,000

Real Estate:$650,000*

Established:1989

*not included in asking price.

Napa auto parts store in Mammoth Lakes, Ca.

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Business Description

Successful Napa auto parts store for sale in the ski and summer resort town of Mammoth Lakes.
We are the only parts store in town and sell 40% to auto repair shops and 60% to over counter
customers. The store is located on the main street with very high exposure and excellent parking.
Sales vary from year to year because snow conditions affect all businesses but we have averaged around $ 750,000 per year for the last 13 years. We are projecting $ 760,000 for 2016. Owner will sell business for inventory cost ( approx $ 342,000 ) and value of F and E ( approx $ 40,000 ) and Blue Sky of $ 18,000 for all cash. The property and buildings are also for sale with owner financing available.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is 1664 sq. ft. with a 550 sq ft loft for additional storage. There is a second 960 sq. ft. bldg. on the property that is a successful coffee shop. The lot size is 14,500 sq. ft. Current rent paid by Napa is $ 3,000 per month and the Coffee shop pays $ 1,821.00 per month. Price for property and buildings is $ 650,000 with owner financing available for qualified buyer.
Competition:
Our market is primarily tourists and locals as well as repair shops. The nearest town with 2 auto parts stores is Bishop..45 miles away.
Growth & Expansion:
The store can only slightly increase the inventory due to space limitations but when snow conditions are plentiful winter products can be increased in a 40 ft. storage container on the property.
Financing:
Seller financing on property only
Support & Training:
Training will be provided as current manager is willing to work 5 to 7 more years and has been an outstanding overall manager.
Reason for Selling:
Owner does not work in store and spends 6 month out of area and wants to retire

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Business Listed By:
Dennis Hartman

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