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Business For Sale
AUTO PARTS & PAINT RETAIL STORE
Attn:
Aaron Muller / Paul Howard
Bellingham, WA, USA
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Listing Number: "ahmbhamauto"
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Listing
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Asking Price: |
$550,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Retail
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Reason for Selling:
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After 27 years, the owner wants to move on. |
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Year Established:
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1980 |
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# of Employees:
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9 FT, 4 PT |
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Yearly Revenues:
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$1,486,215 |
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Yearly Net Profit:
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$65,225 |
Business for Sale Overview:
This is a retail store that sells auto parts and auto paint to customers and other shops. It also has an electrical service department that performs auto electrical system repair and carburetor service. The business has been established for 27 years, and has experienced consistent cash flow and growth over the years. The owner has maintained a great reputation, and entered into contracts that allow the company to achieve maximum purchasing power. The owner is feeling burned out after 27 years, and wants to transition into a different stage in life. This business is ready for a new owner with increased energy to take it to the next level.
Property Features and Assets:
Located near the freeway on a busy street, this business has an excellent location. Built in 1993, the building is designed specifically to handle automotive paints. Square footage: 7,200. Rent: approx. $3,500 per month. Business hours: 8-5:30 Mondays through Fridays, and 9-2 on Saturdays.
Market Competition and Expansion:
This business has demonstrated consistent and strong revenues over the years. The excellent reputation allows for many referrals to come in the door. The great location makes this business a landmark in the neighborhood. After 27 years, the owner is tired and burned out. This business needs someone with new energy. With an increase focus on marketing, the revenues and profits can be increased.
Additional Details:
- The property is leased.
- The owner may be 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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