Used Porsche 911 Parts long established Cataloged sorted

Wayne County, PA (Relocatable)

Seller Financing Available
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Asking Price: $479,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $1,800,000

Real Estate: $225,000*

Established: 1991

*not included in asking price.

Used Porsche 911 Parts long established Cataloged sorted

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Business Description

Used Porsche Parts eb5 eligible easily relocatable cataloged sorted

Weekend Rides provides used Porsche parts Porsche enthusiasts all over the world, the company specializes in 1998 and prior air cooled 911 models.

The EB-5 eligible company serves enthusiasts and repair shops, it has a strong international clientele seeking used and rebuilt Porsches, 911 parts and salvage.

By utilizing a massive inventory of cataloged original used replacement body sections, electrical, mechanical components, interiors, suspensions the company is a leader in its industry providing anything from the smallest rare parts to entire salvage vehicles.

The company offered for sale is known best for selling used 911 parts, its the core business.

The website, aircooled911parts.com is presented merely and solely to give the prospective buyer a real time view of the scope of the inventory.

The regular business brand website is fully e-commerce, utilizing the company's long established respected brand. The inventory management system is refined to eliminate duplicate data entry. There is no need for a specific person to write code for the website. Data entry using the company's proprietary system is simple. Web developers made integration of used parts removed from damaged cars appear on customers desktop or mobile device efficient and autonomous and immediate. Data migration is an integral part of the business enterprise.

A direct mail campaign is used and coordinated by leading PR firm Riverrock Communications.

Email and direct mail campaign done quarterly has a 4 percent return rate sent to continually updated audience of Porsche owners, repair shops and related businesses. A monthly half pages advertisement in Porsche magazines is continually updated. European website and long term European representatives are fully engaged in marketing the companys parts and vehicles, including ongoing presence at Porsche trade events and swap meets.
Almost all of the individual parts are purchased either in person or through the companys online e-commerce website and state of art custom used Porsche parts database. The company has long term relationships with customs overseas shipping domestic and long distance transport.

The company buys sells and parts out approximately 50 Porsches per year. The company performs Porsche collision repair restoration utilizing the Celette unibody jig system. Many of the rebuilt Porsches are shipped directly to customers in USA or are shipped overseas at the customers expense.

The company is continually itemizing parts and photographed each one. It strived to identify every part in its inventory by Porsche part number, description, quantity, competitor pricing, availability rarity and location within its facility.

All of the firms used Porsche parts have been entered in the customized online database, which has taken several years to refine categorize and develop.

Unlike the few competitors in this niche market the company has its rare inventory sorted identified properly and stored. Interestingly less early Porsches are total loss crashes resulting in less damaged Porsches with fewer used parts available for the most popular and highly coveted era of Porsches, "the air cooled 911" generation. The company has later model 911 inventory to keep abreast with market needs and customer market trends. Utilizing detailed proprietary information and implementing the database is a strong point of the company to continue its growth should the new owner desire to expand the business into newer Porsches or additional makes. Utilizing such a high value inventory and the company's strength and long term brand recognition are great assets.

Complete financial information, including tax returns, is available for qualified buyers.

The current inventory value at the companys retail advertised price is approximately $1,800,000

The business includes name, equipment, customer lists, website, database and entire inventory

Detailed Information

Location:
Wayne County, PA
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,000
Employees:
4
Facilities:
The business is located at 2061 Moosic Lake Road in Mt. Cobb, PA and has a second facility in Scranton, PA. The company main office and licensed used vehicle facilities are located one half mile from i84 and .7 miles from i81. The business has minimal office space requirements and is easily relocatable to anywhere in the world. The webmaster and database administrator are willing to stay with the new owner providing assistance as needed. All of the parts are easily transported using several of the company 48/53 foot trailers and 40 foot sea container.
Competition:
Weekend Rides is one of the largest exclusively 911, 964, and 993 parts and rebuildable Porsche salvage companies in the world. The company has provided used Porsche parts to 911 enthusiasts for over 30 years. Their location is close to interstate highways and convenient to international ports. One competitor boats of a large warehouse however this competition has limited similar era 911 inventory and competes with others in the low margin new parts business. 1 larger competitor (now deceased) in California focused on later era Porsche salvage.
Growth & Expansion:
With less air cooled 911 available this company is one of the few in this business and is known to have the strongest inventory of the most sought after used Porsche parts. Unlike its few competitors the company's inventory is bulging with only Porsche 911 964 993 parts It is efficiently run and known worldwide for its integrity and ability to offer any used 911 part by having the inventory sorted catalogued and ready to ship the same day. The company deals in exotic automobiles including Ferrari.
Financing:
Finance limited to real estate not the business nor any parts.
Support & Training:
The Seller will be available for 60 days or longer to assist in the transition of ownership as part of the purchase price. The seller is available for a mutually agreeable period of paid consulting. Database persons work from home, willing to continue their job function. The PR firm and mass mail agent are well established PR and marketing companies.
Reason for Selling:
Retirement
Business Website:
http://Weekendrides.com
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Business Listed By:
Rick Bolus

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