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Business For Sale

Distributor Classic Auto Parts

Somerset County, NJ

Wholesale/Distribution: Durable Goods

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,800,000
$2,100,000
Not Disclosed
$659,534
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1976
0
95322979

Business Overview:

This well established niche business needs nothing more than a new owner! Cash flow for 2010 was over $600K and has increased each year for the past five years. No one customer accounts for more than 1% of sales and all numbers are verifiable via tax returns and computerized inventory control systems. Open 5.5 days per week, it can be relocated anywhere and only requires 6,000 sq. ft. of space to house the entire inventory. An unparalleled depth and breadth in product mix, a license to manufacture parts under the OEM’s trademark, and a trade name that is known worldwide, provide formidable barriers to entry. In fact, this business has virtually no direct competition. Growth potential is enormous with no increase in inventory. An extremely reasonable long-term lease is available. The seller will finance approximately two-thirds of the sale price at Prime +2 over 5 years. He is willing to stay until the buyer feels comfortable; however, the manager really runs the show and is staying on along with all the other employees.

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:

Approx 6,000 sq. ft. of warehouse space with a small office area.

Market Competition and Expansion:

Competition- Extremely limited; no direct competition within niche. Expansion- Enormous potential

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: