Auto Parts Supply, Servicing & Delivery
Location Ohio,United States
Asking Price Range $250K - $500K
Gross Revenues $385000
Net Profit / Cash Flow $95000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 4 - 5
Inventory 115000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Staff will most likely stay on after the sale. Owner is available for transitioning.
Reason for Sale Other interests.
Description This owner operated business main function is supplying quality auto parts to the local community. They sell retail and wholesale automotive parts. Delivery is available as well; the list of available parts is continually growing with this growing company. They offer parts for all makes and models, and order in special parts for customers with specialized or uncommon demands. Their competitively priced products are chosen for quality as well as durability. 90% of revenues come from part sales while the other 10% is derived from Services such as welding and Delivery. There are no special licenses required to operate this business, federal and Sales licenses are that are needed.
Since 1996 this business has been thriving in its town, building a reputation for greatness! The current owner manages the business hands-on as a part of the shop crew. The business can easily be run in an absentee fashion as well. The business has a well rounded knowledge of the industry's demands. The shop also offers welding supplies and gases to customers as well as hydraulic hoses upon request providing a full range of products and services. A new owner could potentially see a double in gross revenues by expanding the welding supplies and gases offered for sale. Also increasing the inventory would in turn, increase availability to customers.
Over the years customers have become loyal to this locally owned business for its integrity, quality parts and competitive prices. The community supports local businesses, and good work ethic. The big scale competition just doesn't compare to the friendly environment, individual service and speedy delivery services of this establishment.
The building is owned with an option to lease or purchase. There was an appraisal of the facility valuing it at $380K. There are 2 sections to the facility; a 30x80 showroom and garage is the first section. The second section is 17x100 it is two stories with an upstairs apartment. Asking price: $382,000
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