Business For Sale

Small Town Auto Parts & Implement Retailer

Not Disclosed, WI


Asking Price: Annual Revenue:
$129,000 $152,746

Automotive & Boats: Auto Retail - Auto Parts


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RE: Small Town Auto Parts & Implement Retailer Broker: Eric Stewart

Quick Facts

Asking Price: $129,000
Annual Revenue: $152,746
Net Profit: Not Disclosed
Cash Flow: $69,759
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $60,000
Year Established: 1967
Employees: Not Disclosed
BBN Listing #: 282354385
Broker Reference #: 20081-602361

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Business Overview:

Move to the north woods with instant income. Unique, specialty turn-key business opportunity available. A family run business, specializing in bearings, seals, belts, u-joints, and much more that caters to the automotive, farm, logging, and industrial business markets located in a central Wisconsin business district. The business celebrates more than 50 years of successful business. Also available is a large stock of popular and not so popular parts that keeps local customers as well as customers from around the state and upper Michigan coming back for area specific needs. The available building is a 24 X 48 well-insulated pole building built in 1989. There is a separate kitchen area, bathroom and storage room. All this located on an approximately 7080 square foot corner lot. Comes with plenty of parking available for customers. It's time for this owner to retire, and will stay on to train the right buyer.

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Property Features and Assets:

Simple 24x48 insulated pole shed on 7,080 square feet corner lot in small town business district. Building includes bathroom, kitchen, and store room. This small family owned business has been passed down two generations. There is no more family interested in continuing the business.

Market Competition and Expansion:

Although there are a couple of competing businesses in the area such as Fleet Farm and Wally World RV, the attention to personal customer service is unparalleled. Gene's Bearings is able to provide exactly what the customer needs while they wait, even if the part has no identification. Large retailers do not posses the expertise that Gens'e does to identify and provide the part without identifying numbers. This is the mail reason area farmers and auto enthusiasts come to Gene's Bearings. Growth can be maximized by utilizing a few strategies such as: Internet, outside sales, delivery, weekend hours, expand into additional product lines.

Reason for Selling:

Retiring

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.

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