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Businesses For Sale   >>   Chicago Businesses For Sale   

Auto Parts Distributor - SBA Pre-Qualified

Location  Chicago, Illinois, United States
Asking Price Range  $250K - $500K
Gross Revenues  $875000
Net Profit / Cash Flow  $120000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2006
Number of Employees  4 - 5
Inventory  175000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Franchise has training program.
Reason for Sale  Retirement.

Description  
This business is a distributor of aftermarket auto parts. The market for aftermarket parts is growing due to the high cost of OEM parts and the backlog of repair of vehicles. The business is a franchise which offers great benefits over an independent parts distributor. The franchise system offers volume buying power, a training program, a powerful POS system, rapid stock availability, accurate cataloging, and a continuously growing product line. This franchise is a major national supplier of products within their niche. The business has a trusted manager who takes care of the day-to-day operations of the business and would most like stay on board for a new owner. The owners duties include visits to customers and general administrative tasks. The business employees part time drivers driving company cars which are included in the sale. The sale is turnkey. Inventory is not included in the sales price and which be valued with a physical inventory at closing. No prior knowledge of parts or auto repair is required. The franchise provides training and the current owner will provide a transition period. The business is pre-qualified for an SBA loan. A potential buyer would also have to satisfy the franchise requirements.


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