Auto/Truck Accessory Parts & Service Co - $224,000

Cincinnati, OH
Hamilton County

Asking Price: Annual Revenue:
$398,000 $1,151,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto/Truck Accessory Parts & Service Co - $224,000 Broker: Dan Long

Quick Facts

Asking Price: $398,000
Annual Revenue: $1,151,000
Net Profit: Not Disclosed
Cash Flow: $224,000
Total Debt: Not Disclosed
FF&E: $17,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 3
BBN Listing #: 29916072
Broker Reference #: 41619del

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Business Overview:

With 2020 sales at $1,151,000 resulting in cash flow of $224,000, the retirement aged seller of this independent and 45 year business is ready to transition to a qualified buyer. Sales and cash flow have been very consistent through the years. This is not an auto repair facility nor does it employee auto mechanics. This company provides a complete range of services from sales to service & installation of aftermarket auto and truck accessory parts. The company also offers a scheduled service plan to ensure that they maintain relationships with their customers. This business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Long tenured staff
Much growth potential
Auto aftermarket industry
Monday thru Friday hours
Price includes all equipment
Price includes $30,000 inventory
Located in Cincinnati on a 1 - acre site
Long established business in its industry
Clean books & records – all numbers are verifiable

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Property Features and Assets:

The facility is around 2,000 square feet and sits on a lot just less than 1 acre. It is located close to the interstate with good frontage exposure.

Market Competition and Expansion:

The 45 – year positive reputation of this business produces many sales from referrals through the years. Competition exists in the industry, but not to a great extent.

Reason for Selling:

Seller is of retirement age.

Additional Details:

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

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