Unique Automotive B2B Business

Memphis, TN (Shelby County)

Seller Financing Available
Unique Automotive B2B Business
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Asking Price: $100,000

Cash Flow: N/A

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $75,000

Inventory: $125,000

Real Estate: N/A

Established: 1973

Unique Automotive B2B Business

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Business Description

This unique business was founded in Memphis over 44 years ago. The company offers and exclusive mobile brake service to over 500 automotive repair shops in the area. Arriving in their custom outfitted and equipped trunks, the employees can sell brake parts, turn rotors and discs, and rebuild brake calipers at the site of the repair shops. The shops love the service as it frees the mechanics up to perform more profitable repairs. It is the only custom caliper rebuilder in Shelby County.

They currently have 4 customized vans with racks full of inventory and brake lathes on board, however, only 3 are currently running routes. In addition, included in the sale is a forklift, caliper rebuilding equipment, caliper rebuild inventory, custom computer and software, and inventory of $125,000 (some is obsolete.)

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Company is operated out of a warehouse that is also owned by the owner of the business. A purchaser could continue to rent the space, or move the business. Rent is negotiable.
Competition:
Exclusive "mobile" B2B business. Company only calls on established automotive repair shops, and are the only company doing this in this area. Other firms sell brake parts and deliver, but no one else can provide the services this company does.
Growth & Expansion:
A new owner, with some sales and marketing experience, or route sales experience, who could provide some new energy and enthusiasm to the this company could surely grow the sales back to the level that they enjoyed in their heyday. At one time doing as much as $1.2 MM a year in sales, over the last several years as the owner looked forward to retirement, he began to slow down a bit. This year the company will report approximately $250,000 in sales.
Financing:
Seller would finance half of the asking price for a qualified Purchaser.
Support & Training:
Owner will train a Purchaser for an appropriate amount of time that is needed as part of the sale.
Reason for Selling:
Retirement.
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Sam Cantor

Business Listed By:
Sam Cantor

Sam Cantor & Company

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