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- RE: 29 Year Auto/Truck Accessories Business
- Contact: Philip Webb
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $937,316 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $279,099 | |
Total Debt: | Not Disclosed | |
FF&E: | $96,184 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 3 | |
BBN Listing #: | 496258883 | |
Broker Reference #: | 86715-475163 |
Business Overview:
**********SBA Prequalified***************
This company is an auto accessory and parts store located in Central Alabama. It is backed and marketed through a worldwide franchisor, which is one of the oldest locations in the company. The franchisee is mainly selling specialized auto parts and installation services for spray on truck bed liners, custom coating services for people that own boats, jeeps, vans, and automobile bumpers.
The company has consistent recurring revenues with a loyal client base that provides a healthy profit for the business each year. The owner and franchisor will provide world-class training for the new buyer, which would be a great opportunity for an absentee owner to purchase this business while achieving year-over-year profitability.
The location has great visibility with strong demographic support while the lease agreement for the business is very flexible. The owner is willing to offer some seller financing, however it is subject to final approval and review of the buyer. All equipment and inventory for the business are included in the price. See Broker for further details.
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Property Features and Assets:
Monthly Rent: $2,250.00 Square Units (Foot, Meter): 4,000 Lease Expiration Date: April 29, 2026, 10:00:00 PM Terms Options: 3 year maturity
Market Competition and Expansion:
Hiring more people and focusing in on other higher margin services such as undercoating, window tinting, selling tires and wheels (light auto repair), and providing full body sprays for trucks, jeeps, campers, and boats.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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