This listing is for a well-established auto parts store location in the near west suburbs of Chicago that is available to a qualified buyer. It is a highly reputable and long-established auto parts store servicing the greater Chicagoland area for over 50 years. This business is a trusted name in the local and regional automotive market, with a loyal customer base of over 5,000 clients, including individuals, repair shops, municipalities, and school districts.
The store operates similarly to a big-box chain, offering a robust and diverse inventory of automotive parts, accessories, and supplies. Inventory levels and selection rival national retailers, but with the personalized service and flexibility of a local business. The business is fully staffed, stocked and ready for business.
The business boasts strong financials with $400K+ annual revenue with $120K+ in estimated owner cash flow and over $350,000 in inventory and equipment included. Approximately 10% of revenue is derived from municipal and school accounts, most operating on 30% terms, offering consistent, recurring income. A bilingual (Spanish-English) owner is a large benefit as well.
Their real estate is available separately from the asking price for $720,000. The property includes two retail storefronts and two apartments. The financials below represent an owner estimate.
If you would like more information regarding this business, please contact the agent by filling out the contact information for here, or contacting them by phone. Online inquiries will be replied to with an email from an @marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders.
Ad#:2435876