Internet Based Retailer and Wholesaler of Vintage Automobile Parts

GA (Relocatable)

Internet Based Retailer and Wholesaler of Vintage Automobile Parts
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Asking Price: Get Financing: $1,500,000

Cash Flow: $436,152

Gross Revenue: $2,285,022

EBITDA: N/A

FF&E: $10,000

Inventory: $400,000

Real Estate: $850,000*

Established: 1992

*not included in asking price.

Internet Based Retailer and Wholesaler of Vintage Automobile Parts

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Business Description

Since 1992 this company has been selling parts and components for a specific model of a Vintage Automobile. The client base is large, loyal, and global. The business averages approximately 65 orders a day, with 8 to 10 new customers, and most orders are generated via the internet. The company offers 6,000+ items of which they have 600+ of the items contract manufactured for them. There are currently 100+ wholesale accounts which generate approximately 20% of the company's overall revenue.
It is estimated that there are approximately 800,000 of these vehicles still in circulation, and there are more of these being built / rebuilt on a daily basis than any other vintage automobile.
The business operates from 2 buildings located on 8.5 acres owned by the seller. The land and buildings would be available to a buyer if they were interested. There is a 5,100 sq. ft. home with a 3 car garage, 5,000 sq. ft. warehouse, with a 5,000 sq. ft. attic, and a detached 8 car garage. The real estate and the buildings would be available for $850,000.00 to a interested buyer. In the event the business is relocated it would require approximately 8,000 sq. ft. of warehouse with a small office area.
The owner of the business is nearing 80 years old and ready to retire, and willing to train and transition a new owner.
The price includes $400,000.00 of inventory at wholesale cost.
For additional information regarding this unique opportunity please contact Mark Werbalowsky at 404-277-3400 or at mwerb@sunbeltatlanta.com.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
3 FT and 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business currently operates from 2 buildings and a basement located on a property owned by the seller. A new owner that chose to relocate the business will require approx. 8,000 to 10,000 sq. ft.
Competition:
There are 2 major competitors and many small competitors.
Growth & Expansion:
With the addition of working capital this business could be grown significantly.
Support & Training:
The seller is willing to create a mutually agreeable training and transition period.
Reason for Selling:
retirement
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Contact the Seller

(from currently available funds)
 
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Mark Werbalowsky

Business Listed By:
Mark Werbalowsky

Sunbelt Business Brokers

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Sponsoring Broker:
Doreen Morgan

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