Profitable Niche Automotive Parts Distribution

Flint, MI (Genesee County) (Relocatable)

Seller Financing Available
Profitable Niche Automotive Parts Distribution
Contact Seller

Asking Price: $175,000

Cash Flow: $55,000

Gross Revenue: $200,000

EBITDA: N/A

FF&E: N/A

Inventory: $25,000

Real Estate: $90,000*

Established: 1987

*not included in asking price.

Profitable Niche Automotive Parts Distribution

Save Print Share Valuation Report

Business Description

It has been a great 25 year run for the founder-owner-seller of this profitable auto body panel replacement business, but age and health issues have combined to force the owner to plan to sell his business to only its second owner-operator.

Talk about great opportunities: the business could not be better located – it is right in the heart of the Eastern Michigan Mega Auto Auction facility. Couple the ideal location with the fact that the seller has fallen way behind standard business IT and marketing practices (examples: there is neither a website nor cell phone) which should be easy fixes that bode well for a growth-minded buyer.

The business generates new customers exclusively from positive word-of-mouth from a multitude of happy customers. The successful buyer of this business could presumably parlay a solid base of satisfied customers with the addition of a website, making select sales calls and offering delivery – all three of which are currently absent from this business.

Let’s look at the numbers: the company has annual sales exceeding $200,000 and a solid SDE (seller’s discretionary earnings = the historical cash flow available to pay the buyer and service debt) of $55,000. The asking price for (a) the business, (b) a good and salable $25,000 inventory, and (c) a 2,500 square foot building is just $175,000 all-in. So, it’s like paying a 3.18x multiple of SDE for just the business and getting the inventory and real estate for free. And for an undercapitalized but otherwise qualified buyer, the seller will carry a meaningful seller note with favorable terms.
The business currently uses only one-half of the building – the balance is available to handle growth or to rent to a third party. Don’t forget the great location of the business and real estate which is on a heavily traveled street in the middle of the auction area.

This unique, sleepy, cash flowing business would be an excellent strategic acquisition for an existing body shop and/or automotive sales operation. For a financial buyer, this value priced opportunity would be perfect for a go-getter who wants to take advantage of all the opportunity this business has to offer.

For more information please call Joel Hekler (Praxis Business Brokers) at 517-719-6401).

Detailed Information

Location:
Flint, MI
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,500
Employees:
1
Facilities:
Located on a well traveled street in Flint Michigan
Financing:
80,000
Support & Training:
Appropriate transition period
Reason for Selling:
retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Michael Greengard

Business Listed By:
Michael Greengard

Praxis Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1672214 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Tint World

Franchise Opportunity
Cash Required: $60,000