Sales/Service/Retail with $306,308 SDE and Growing

MO

Sales/Service/Retail with $306,308 SDE and Growing

Asking Price:$825,000

Cash Flow:$306,308

Gross Revenue:$1,146,397

EBITDA:N/A

FF&E:$74,016

Inventory:$162,994

Established:2010

Sales/Service/Retail with $306,308 SDE and Growing

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Business Description

Sales are increasing year after year and the trend continues. All revenue is being generated by walk in traffic at a retail location. The current business model creates a stable platform and enormous opportunity to promote and grow this business through the internet. This is a fun, fast pace environment helping automobile owners customize their transportation in the auto after-market industry. All new incoming staff will receive training from the seller as well as on sight and remote assistance from vendors offering ongoing support in product knowledge and sales. Employees are in place to oversee all aspects of the business sales which allows the current owner much flexibility.

Detailed Information

Inventory:
Included in asking price
Employees:
7 FT / 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
High traffic counts, good visibility, low occupancy costs with the ability to expand, make the current location desirable. A long-term lease is available. The website is an area of opportunity.
Competition:
The existing customer data base stretches over a 100 mile radius. Repeat and referral business are driving the current sales trend. Good service, knowledgeable employees and competitive pricing will continue the pace.
Growth & Expansion:
The industry is expected to grow 8% annually. The three trends driving this growth are 1. Average age of vehicles continues to climb 2. A more standardized platform allowing global manufacturers to mass produce, driving lower price points and 3. Technology innovative advancement continually producing a better, more desirable product for the consumers.
Financing:
Lender pre-screened w/ $165k Down.
Support & Training:
Will train for 2 weeks @ no cost. This operation has knowledgeable staff who interact with customers, know the products and are also cross trained on installations. An office manager whose responsibility is operations and understands all faucets of the business would like to continue with a new owner.
Reason for Selling:
Other business interests.

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Chris Kerth

Business Listed By:
Chris Kerth

Murphy Business & Financial Corporation

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Sponsoring Broker:
Murphy Business

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