Foreign Oem Auto Parts Distributor
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $467170
Net Profit / Cash Flow $118814
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Inventory 2320000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Negotiable as needed by purchaser. Seller would like to work for a new owner in some capacity.
Reason for Sale Owner illness.
Description Established in 2000, this business imports and supplies high quality German, OEM replacement parts for older Volkswagen Bug, Bus and Vanagon vehicles. Half or their business is supplier distribution and the other half is direct customer retail. The businesses rare purchasing rights to OEM German and Mexican suppliers are transferable to a new owner. The business is completely re-locatable. However, a new owner may consider leasing or buying the current, beautifully located real estate (overlooking a lake.) The property includes the warehouse and a livable log cabin now used as an office.
Owner will offer a 20% Seller carry option for a qualified purchaser.
The business currently operates from a 1/2 acre lot with a 2,400 sq ft warehouse and 900 sq foot cabin serving as an office. The warehouse has an additional 900 sq ft mezzanine. Built in 2000, the property can be leased to a new owner for $2,100/month or purchased for $268,000.
With many regular distribution and retail customers, well-established operations and strong supplier relationships, this business is ready to focus on growth. Depending on the purchaser's preferences, there are a couple paths available for growth including focusing on wholesale only and minimizing catalog and advertising costs, expanding retail offering by adding all 2,200 inventory items to the 500 item catalog, or expanding both avenues through increased advertising and participation in the VW community through VW shows, VW magazines, and chat sites. In addition, the product line could be expanded to include newer VW models such as the Eurovan and New Beetle. Contact for more information on this OEM Auto Parts Distribution business for sale.
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