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Auto Parts Biz At Much Lower than Inventory Value! Health Forces Sale!

Bethlehem, Pennsylvania (Northampton County)

Wholesale/Dist. - Durable Goods | Services - Auto Repair, Parts & Svcs

Asking Price $85,000 Inventory $215,000* 
Gross Income $383,000 Real Estate $199,000** 
Cash Flow $73,496 Year Established 1960
FF&E $10,000* Employees 4 p

* included in the asking price

** not included in the asking price

Health issues force owner to sell at far less than inventory value. Owner will sell business or inventory in one lot. This business was established in the early 1960s, providing foreign car parts to auto dealers, auto repair shops and consumers. Unlike big box stores, this business carries an extensive inventory of OEM parts for many makes and models and has developed a reputation for having the largest inventory of foreign car parts in the Lehigh Valley. It is known for its extensive inventory in European and unusual car parts not immediately available elsewhere. Approximately 80% of this business is wholesale trade to garages and dealerships. The facility is kept clean and the inventory is well-organized, which should help to facilitate a smooth transition for a new owner. Inventory is included in the asking price. The real estate is also available for purchase at $199,000.

Facilities: The real estate is available for sale at $199,000, with the purchase of this business. A storefront and ample warehouse storage totals 4770 sq. ft. Contact broker for more information on the property.

Competition: Most competition comes from local chain stores. However, this business carries many unusual OEM parts that are usually not immediately available from the big box stores.

Growth/Expansion: Virtually no advertising (other than Yellow Pages) is being done at this time. Advertising has steadily decreased over the last three years as owner s health has been the more pressing issue. Suggestions to grow business: increase advertising, establish on-going marketing campaign, make a concerted effort to call on local auto service centers regularly, expand inventory, provide internet sales for those difficult to find parts to consumers who are in a position to allow for shipping time (i.e. restorations), market to vintage and collector auto clubs.

Support/Training: Owner is willing to train.

Reason Selling: Health issues

Business listed by

Connie Miller

610-392-7830


Lehigh Valley Business Brokers


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