| Asking Price |
$124,500 | Inventory |
$105,000* |
|---|---|---|---|
| Gross Income |
$260,000 | Real Estate |
|
| Cash Flow |
$42,000 | Year Established | 1987 |
| FF&E |
$50,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
For over 20 years, this business has served as the primary supplier of automotive transmission replacement parts for the majority of local dealership service departments, independently owned automotive repair garages, and over the counter part sales to individuals in the greater Reno/Sparks area. The business operates from a 7,000 square foot facility with 3 separate service bays and work areas for sublease. Currently, two of the bays are leased to an unrelated transmission repair shop with the single bay available for lease. The layout for the business includes a parts counter with desk area and lobby, separate administrative office, and large parts and warehouse area. Included with the business are two delivery vans, two forklifts, and related machining and welding equipment. The business is open Monday thru Friday from 8:00 a.m. until 5:00 p.m. The business is not a franchise and has been independently owned and operated by the same person for 17 years. The business currently has a strong position in the after market sales of specialized replacement parts for automotive transmissions. Over the years, the business has developed a loyal following of clientele from not only business to business relationships, but also individual customer sales. The business has faced considerable competition and loss of market share due to the operation of another national brand parts store that opened in the Reno area approximately 3 years ago. At the end of 2007, the competitors store was closed and moved to Sacramento, California, leaving the business again as the premier supplier in the region. Subsequently, market share and revenues have continued to increase on a daily basis and are expected to reach and exceed the levels obtained prior to 2005. The current owner has not advertised or marketed the business in recent years and has relied on historic good will for sales. The Seller is an absentee owner and He is retiring.
Facilities: The business operates from a 7,000 square foot facility with 3 separate service bays and work areas for sublease. Currently, two of the bays are leased to an unrelated transmission repair shop with the single bay available for lease. The layout for the business includes a parts counter with desk area and lobby, separate administrative office, and large parts and warehouse area. Included with the business are two delivery vans, two forklifts, and related machining and welding equipment.
Competition: The business currently has a strong position in the after market sales of specialized replacement parts for automotive transmissions. Over the years, the business has developed a loyal following of clientele from not only business to business relationships, but also individual customer sales.
Growth/Expansion: The business has faced considerable competition and loss of market share due to the operation of another national brand parts store that opened in the Reno area approximately 3 years ago. At the end of 2007, the competitors store was closed and moved to Sacramento, California, leaving the business again as the premier supplier in the region. Subsequently, market share and revenues have continued to increase on a daily basis and are expected to reach and exceed the levels obtained prior to 2005.
Financing: With an acceptable down payment the Seller will carry the balance of the price.
Support/Training: The Seller will provide orientation, support and training to the new owned, included in the purchase price.
Reason Selling: The absentee owner and a private commercial jet pilot and is retiring.

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