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Iowa Business For Sale |
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| AUTO PARTS & SUPPLY |
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| Attn: Jackie or Tex |
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| Midwest, IA, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Auto & Mech: Retail |
| Reason for Selling: |
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Retirement. |
| Year Established: |
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1997 |
| # of Employees: |
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8 |
| Yearly Revenues: |
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$1,000,000 |
| Yearly EBITDA: |
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$110,000 |
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Business for Sale Overview:
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Our client, established in 1997, offers a full line of domestic and foreign automobile, truck parts and supplies. In addition, the company also offers high performance parts, as well as marine products. The company’s portfolio of customers is comprised of over 300 commercial accounts. The company’s sales are generated from retail sales to individuals (49% of 2006 sales), automotive wholesales and dealers (27%), fleet (12%), farms (5%), government and school entities (3%), commercial construction companies (2%), industrial companies (1%), and marine companies (1%). Including the two principals, the company’s staff is comprised of a highly trained team consisting of five full-time and three part-time, non-union employees. The organizational structure consists of two shareholders, two employees in management, one in warehouse and shipping, and three in sales and customer service. The company operates out of an owned 7,500 sq. ft. office and retail store. The facility features a large retail showroom, large stock inventory room, state-of-the-art automotive parts computers and software, and ample space for expansion.
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Property Features and Assets:
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Excellent reputation; solid, diverse customer base. |
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Market Competition and Expansion:
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Excellent growth opportunities. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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