Owner Financing is Available!
Business Overview:
The owner of this profitable auto parts business is looking to focus on a new venture and wants to sell. He is willing to work with a purchaser to create a deal that allows for equity investment and full purchase over time. This unique approach allows the new owner time to learn the business and have it pay for part of the purchase price. This is a well-known auto parts business in the same successful location for more than 40 years! They have a great reputation with locals, dealers, antique and custom car enthusiasts, and surrounding repair shops. They specialize in hard to find parts and can customize certain parts for certain cars. As well they carry a full line of general auto parts.
* Full inventory included in Asking Price
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Peerless Auto is a SPECIALTY auto parts store that can find anything in the world. Their motto is, “We specialize in hard to find and obsolete parts.” They found parts for me that no one else could-Auto Zone laughed at me and said ,”Good Luck!” when I asked them to get parts that I had to wait only a day for at Peerless. This is where real mechanics go for real parts. I strongly suggest Peerless Auto Parts to anyone that is looking for parts for their cars. - Bobby M.
Market Competition and Expansion:
While this business has been impacted by the downturn in the economy, most of their competitors have gone out of business. This shop has not only managed to remain in business, but they are still profitable and it is only going to get better. People are increasingly likely to repair the car that they currently own, rather than buy a new one. They are centrally located with great signage which gives them a lot of walk-in customers. This is a perfect business for anyone in the auto industry, especially a family business.
Reason for Selling:
Other
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: