Growing Automotive Parts Business - 70% Online Sales
Location Colorado,United States
Asking Price Range < $250K
Gross Revenues $120000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1979
Number of Employees 1 - 3
Inventory 50000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training 30 days of 40 hours / week.
Reason for Sale Want to focus on another business.
Description This 30-year-old business has an extensive track record of growth and many areas that can be improved. Currently run by owner (4 hrs/day) at a very leisurely pace with virtually zero marketing being done. Currently located in a leased warehouse/office condo of ~1,000sqft with a walk-in retail area (which accounts for ~30% of sales), and back area for warehouse/shop activities. 70% of this business' sales comes from the Website, which has no eCommerce capability and is badly in need of an upgrade. Because this is the auto parts industry, many other business lines could be added to increase revenues.
In 2008, the business generated $120,000 in gross revenues, and netted about $55,000. The business is being sold because the current owner wants to focus on another company he has started (he runs several), and he's had this one for 10 years and is ready to move on.
Price: $125,000
Terms: $45,000 down, and the balance paid over 5 years at 8% is acceptable to the seller. Email or call Peter Johnson with questions and to get the NDA/Financials for this Automotive Parts business for sale.
Click Here To Contact Seller
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