NW Iowa Branded Auto Parts Store

Not Disclosed, IA

Asking Price: Annual Revenue:
$400,000 $589,100

Automotive & Boats: Auto Retail - Auto Parts

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RE: NW Iowa Branded Auto Parts Store Broker: Bryan Mulder

Quick Facts

Asking Price: $400,000
Annual Revenue: $589,100
Net Profit: Not Disclosed
Cash Flow: $11,875
Total Debt: Not Disclosed
FF&E: $50,463
Real Estate: Not Disclosed
Year Established: 1982
Employees: 3
BBN Listing #: 54614955
Broker Reference #: 5401-14920

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Business Overview:

This auto parts business operates under a national brand. This business specializes in the sale of automotive parts, heavy duty parts and the making of hydraulic hoses. The list price is less than 1 year of sales. This business is not considered a franchise instead it is considered more of a "membership" agreement. There is a short "Store Owner Application" that the buyer will submit to the main parts supplier.
A few top-selling categories would include brakes, filters, batteries, wipers, headlamps and tools/equipment. Prefer not to shop in-store? An online option is always available for shopping featuring in-store and online promotions.
This business provides retail sales as well as delivery services to corporate accounts such as dealerships, mechanic shops and auto-body repair shops.

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Property Features and Assets:

The store location is on a major highway in this community. The real estate is leased and is sufficient for current demands. Assets= $470,535

Market Competition and Expansion:

There are two other direct competitors in the marketplace. There is also a "big box" retailer in the community that also provides some of what this business offers. This business has built a loyal following after serving this community for 30+ years. The sales and marketing, of this business, have leaned heavily on relationships as well as being located on the most trafficked street in the community. Currently, this business offers a delivery service to dealerships, auto repairs shops, specialty garages, etc. A consistent focus on what is currently being promoted as well as building an online presence including social media would be strongly suggested. For a focused entrepreneur - there is market share to gain per the national parts supplier.

Reason for Selling:

The seller has decided to exit this industry.

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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