Seller Financing Available
Gross Revenue: $1,768,500
Real Estate: N/A
* not included in asking price.
Profitable Parts Supply – Over $364,500 Cash Flow
Contact Art Blumenthal on over 500 auto repair businesses
Are you looking for an amazing opportunity to purchase an independent parts, accessories and equipment supply center with average sales of $1,746,600 over the past three years, growing to $1,768,500 in 2015? This highly profitable business generates over $364,500 in cash flow, affording an owner/operator an outstanding salary after debt service. The Business is well established with over 10 years of goodwill, excellent reputation for customer service, and numerous fleet and commercial accounts.
The modern warehouse showroom is 12,000 square feet, with attractive displays and a sales counter area. Situated on a 5+ acre shared lot with a large parking area, the facility is right off a main highway with easy access. The Asking Price for the business is $700,000, plus $600,000 in inventory. The Business is pre-qualified for Bank/SBA financing for 10 years and the Seller will consider partial financing to a qualified candidate, thereby reducing the down payment requirement to about $200,000. The Seller also owns the real estate, which will be leased to the buyer for $4,500 per month triple net. The buyer also has the option to purchase the real estate, which includes an additional building providing rental income. The Seller will provide four weeks of training and support to ensure a smooth transition period. With virtually no competition in its trade area, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community. The Seller has decided to retire and sell the Business to an energetic entrepreneur who wishes to continue the tradition of excellent service and reap the potential to further grow the operation to the next level. This opportunity is being offered through Front Range Business, Inc.
Inventory: Not included in asking price
Real Estate: Owned
Building Sq. Ft.: 12,000
Facilities: The 12,000 square foot warehouse showroom is situated on a 5.23 acre shared lot with a large parking area. Warehouse equipment, computer systems and four delivery trucks are included in the sale.
Competition: Virtually no competition in the area and a great reputation.
Growth & Expansion: Significant growth potential exists with addition of an outside sales person and increased use of the Internet and social media.
Financing: Pre-qualified for Bank/SBA financing
Support & Training: In order to provide for a smooth transition to a Buyer, the Seller will provide up to four weeks of training.
Reason for Selling: Retirement
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