AUTO-PARTS SPECIALIZED IN SUSPENSION AND STEERING

Miami, FL (Miami-Dade County)

Seller Financing Available
AUTO-PARTS SPECIALIZED IN SUSPENSION AND STEERING
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Asking Price: Get Financing: $499,000

Cash Flow: $245,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $4,200 /SF/Month

Established: 1994

AUTO-PARTS SPECIALIZED IN SUSPENSION AND STEERING

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Business Description

Well known business that serves the entire South Florida area. Specializing in Automotive Suspension and Steering parts, New and Refurbished. Wholsale to local auto supply and auto repair facilities in Florida. Known for best prices and service in the area. Huge inventory ($200k), included. Niche business, hardly any competition, Significant growth potential. On-site repairs offered in addition to wholesale sales . Owner will stay on for a month (or longer) to assure a smooth transition.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,500
Lease Expiration:
6/1/2020
Employees:
12
Facilities:
Operating in 6500 SF leased warehouse space. Two large bay doors for autos to enter for service. Reception area, warehouse contains inventory storage of parts. Equipment includes New Alignment machine, 2 Lifts. Significant office space inside for wholesale operation and management of retail side.
Competition:
Very little competition in the products handled wholesale. Wholesale is about 80% of revenues.
Financing:
100,000 7% 24months
Support & Training:
Owner/Manager will stay 4 weeks to train at no cost.
Reason for Selling:
Owner is currently managing a construction business with time conflict
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(from currently available funds)
 
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South Florida Realty Group, Inc.

Business Listed By:
South Florida Realty Group Inc.

South Florida Realty Group, Inc.

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