Niche Auto Parts Distribution Biz w/ Real Estate

Flint, MI
Genesee County

jh82219


Asking Price: Annual Revenue:
$149,000 $200,000

Automotive & Boats: Marine Repair, Retail, Parts & Service


Request More Information
Contact the Seller

RE: Niche Auto Parts Distribution Biz w/ Real Estate Broker: Joel Hekler

Quick Facts

Asking Price: $149,000
Annual Revenue: $200,000
Net Profit: Not Disclosed
Cash Flow: $55,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $90,000
Year Established: 1987
Employees: 1
BBN Listing #: 937331216
Broker Reference #: jh82219

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

It has been a great 25 year run for the founder-owner-seller of this profitable auto body panel replacement business, but age and health issues have combined to force the owner to plan to sell his business to only its second owner-operator.

Talk about great opportunities: the business could not be better located – it is right in the heart of the Eastern Michigan Mega Auto Auction facility. Couple the ideal location with the fact that the seller has fallen way behind standard business IT and marketing practices (examples: there is neither a website nor cell phone) which should be easy fixes that bode well for a growth-minded buyer.

The business generates new customers exclusively from positive word-of-mouth from a multitude of happy customers. The successful buyer of this business could presumably parlay a solid base of satisfied customers with the addition of a website, making select sales calls and offering delivery – all three of which are currently absent from this business.

Let’s look at the numbers: the company has annual sales exceeding $200,000 and a solid SDE (seller’s discretionary earnings = the historical cash flow available to pay the buyer and service debt) of $55,000. The asking price for (a) the business, (b) a good and salable $25,000 inventory, and (c) a 2,500 square foot building is just $149,000 all-in. So, it’s like paying a 2.70x multiple of SDE for just the business and getting the inventory and real estate for free. And for an undercapitalized but otherwise qualified buyer, the seller will carry a meaningful seller note with favorable terms.

The business currently uses only one-half of the building – the balance is available to handle growth or to rent to a third party. Don’t forget the great location of the business and real estate which is on a heavily traveled street in the middle of the auction area.
This unique, sleepy, cash flowing business would be an excellent strategic acquisition for an existing body shop and/or automotive sales operation. For a financial buyer, this value priced opportunity would be perfect for a go-getter who wants to take advantage of all the opportunity this business has to offer.

For more information please contact Joel Hekler (Praxis Business Brokers) or email us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

2,500 square feet building located on a well traveled street in Flint.

Reason for Selling:

Retirement

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!