Business Overview:
Great opportunity to get into over 60 years old, well established auto parts store business, located in Orange County! Under current owner for 16 profitable years, this auto parts store located in an excellent area with cash based demographics. Many repair facilities are very close by as well as many do-it-yourself mechanics. Other strong existing customers make this your chance to buy a business with good existing income as well as likely potential areas of growth. 12,000 sf, 2 floors, excellent lease. Established accounts with large, successful companies as well as loyal walk-in customers. Currently, the store is closed on the weekends, which opens the door for increasing your sales. Another area that has not been explored yet is the internet. This should also boost turnover. The addition of an outside sales man is another possibility. The staff is excellent and reliable. Our countermen have experience ranging from 20 to 45 years. Owner/Seller needs to relocate, but will be willing to stay in order to make a smooth transition. Owner has experience in Auto Parts for over 25 years and will be very happy to share what he knows to make you successful. Large inventory can be sold with the discount to qualified buyer. Gross Receipts for 2007 - $1,055,251, gross Receipts for 2008 - $935,929, Owner Earnings around 160K. Call Alex Levitan, Sunbelt Business Broker (818)640-8080, Or Submit The NDA (Non Disclosure Agreement) Online. WWW.SUNBELTCA.COM -> Confidentiality Agreement -> Submit Online ->Preferred Broker Alex Levitan Financial Statements and Tax Returns will be gladly presented to qualified buyers during due diligence. Proof of funds is required. All of the above information per Seller please rely on your own due diligence on market conditions in Los Angeles County before making any commitment and decision making.
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.
Reason for Selling:
Moving
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: