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Business For Sale
FOREIGN OEM AUTO PARTS DISTRIBUTOR-INTERNET/CATLOG
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Asking Price: |
$337,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Reason for Selling:
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Owner Illness. |
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Year Established:
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2000 |
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# of Employees:
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2 |
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Yearly Revenues:
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$467,170 |
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Yearly Cash Flow:
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$118,814 |
Business for Sale Overview:
Established in 2000, this business imports and supplies high quality German, OEM replacement parts for older Volkswagen Bug, Bus and Vanagon vehicles. Half or their business is supplier distribution and the other half is direct customer retail. The businesses rare purchasing rights to OEM German and Mexican suppliers are transferable to a new owner. The business is completely re-locatable. However, a new owner may consider leasing or buying the current, beautifully located real estate (overlooking a lake). The property includes the warehouse and a livable log cabin now used as an office.
Owner will offer a 20% Seller carry option for a qualified purchaser.
Property Features and Assets:
The business currently operates from a ½ acre lot with a 2,400 sq. ft. warehouse and 900 sq. foot cabin serving as an office. The warehouse has an additional 900 sq. ft. mezzanine. Built in 2000, the property can be leased to a new owner for $2,100/month or purchased for $268,000.
Market Competition and Expansion:
With many regular distribution and retail customers, well-established operations and strong supplier relationships, this business is ready to focus on growth. Depending on the purchaser’s preferences, there are a couple paths available for growth including focusing on wholesale only and minimizing catalog and advertising costs, expanding retail offering by adding all 2,200 inventory items to the 500 item catalog, or expanding both avenues through increased advertising and participation in the VW community through VW shows, VW magazines, and chat sites. In addition, the product line could be expanded to include newer VW models such as the Eurovan and New Beetle.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is 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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