Well Established Family Business For SALE!!

Fulton County, GA

Warehouse
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Asking Price: $525,000

Cash Flow: $75,000

Gross Revenue: $1,112,623

EBITDA: N/A

FF&E: $95,000

Inventory: $270,282*

Rent: $4,873.60 /Month

Established: 1970

*not included in asking price.

Well Established Family Business For SALE!!

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Business Description

Well Established Family Business For SALE!!

Warehouse distributor of automotive parts. Well established customer base. Been in business for 49 years. Well established knowledgeable staff that knows how the business runs and operates. Owner cash flow is on average $75k per year (includes salary, commissions, benefits). The business has been a wholesale warehouse distributor for 49+ but to really bring the company into the most up to date times and expanding business would be to begin an online system. Online parts look up and buying would be where the true business expansion would be. The owner would like to retire,but would stay on as a salesman and teach a new owner the operations of the business. The bookkeeper (owner's daughter) would also stay on part time to teach the new owner the ways of the books.

Detailed Information

Location:
Fulton County, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
9,600
Lease Expiration:
3/31/2021
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Warehouse 9600 SQ FT with approx 270k in inventory stocked on shelves. Leased warehouse/office space
Competition:
We are in a prime location located minutes from the airport and a lot of fleet service businesses near by that use our business along with many other automotive shops within a 50 mile radius which is our main delivery target
Growth & Expansion:
There is tons of room for expansion in a technological world. Online inventory system could be set up to keep track of inventory and added online selling to customers.
Support & Training:
Owner willing to work for a year to teach operation of business if needed. Owner will stay on as a salesmen as needed. Full charge bookkeeper also will stay on to train for a period of time.
Reason for Selling:
Would like to retire
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Business Listed By:
Jody Isom

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