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Business For Sale
AUTOMOTIVE - #5246
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Asking Price: |
$475,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Retirement. |
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Year Established:
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1980 |
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# of Employees:
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2FT |
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Yearly Revenues:
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$703,376 |
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Yearly Cash Flow:
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$88,411 |
Business for Sale Overview:
AUTOMOTIVE: Fabricator / rebuilder and seller of auto parts to dealers and wholesalers in the stock race car industry. Principal products are rear ends (see material included). First step buys cores, then disassemble and clean them, next sent out for sandblasting and then cleaned again. Assemble them which requires purchasing gears, bearings assembly kits and spools. Finally assemble and set – up bearing preloads and clearances and paint them. Does other steel fabricating on custom basis (e.g. race cars) and sells specialized fuel stored in tanks on premises. Located near major metropolitan area, in Central Iowa.
Property Features and Assets:
Real Estate: $175,000 Included in asking price; Furniture, Fixtures and Equipment: $92,615 Included in asking price; Inventory: $200,000 Included in asking price.
Additional Details:
- The property is owned.
- 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 not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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