Specialty Auto Parts Store in Established Market

Not Disclosed, OR


Asking Price: Annual Revenue:
$725,000 $2,338,356

Automotive & Boats: Auto Retail - Auto Parts


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RE: Specialty Auto Parts Store in Established Market Broker: Johnathan Choe
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $725,000
Annual Revenue: $2,338,356
Net Profit: Not Disclosed
Cash Flow: $212,213
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 11
BBN Listing #: 597559533
Broker Reference #: 61523-779100

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Business Overview:

Specialty auto parts store is poised for growth both domestically and internationally. The business has an established multi-generational customer base of loyal and repeat clients. After decades of operations, it is time for the owners to retire and turn the reigns to a new generation of business owners who can propel an already good business and great team members into the future and accelerated growth.
The owners had a dream of combining their passion for classic cars with their skills as spirited entrepreneurs. So they did what came naturally to them and turned their dreams into reality and the historic business was born.

The company have provided their community and the broader world with many memories shared by multiple generations centered around the love of classic cars. They have attended, sponsored and been involved with car shows where they admired show cars and showed off their own. They have also contributed to their local communities and have been honorable members of their business community.

The business has a robust online business and they serve and ship their products both nationally and internationally. Though there is much opportunity to grow and expand their business, another passionate entrepreneur will need to take the business to the next level.

New owners can add a service or restoration component immediately to the business. There are several garage bays, including an enclosed paint booth, ready to go! These areas can also be sub-leased to another business or form a partnership in this direction. This was an existing side of the business but owners downsized for simplicity to move toward retirement.

Good potential for growth for owners who take greater advantage of the national and international markets as well as the internet, social media, and targeted marketing strategies for external and internal customers and markets.

There has been a growing interest in classic car restoration with the younger millennials generations that a savvy owner can expand into also.

Store front and warehouse

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Property Features and Assets:

The owners had a dream of combining their passion for classic cars with their skills as spirited entrepreneurs. So they did what came naturally to them and turned their dreams into reality and the historic business was born. The company have provided their community and the broader world with many memories shared by multiple generations centered around the love of classic cars. They have attended, sponsored and been involved with car shows where they admired show cars and showed off their own. They have also contributed to their local communities and have been honorable members of their business community. For over 40 years, the business has been providing quality reproduction Chevrolet & GMC parts to restorers and street rodders alike. Their original catalog was three type written pages, double sided and stapled together. Today's catalog has over 23,000 items and nearly 400 pages of the latest available parts to put your Classic Chevrolet car and Chevy or GMC truck back on the road or get it ready to show. The business has a robust online business and they serve and ship their products both nationally and internationally. Though there is much opportunity to grow and expand their business, another passionate entrepreneur will need to take the business to the next level.

Market Competition and Expansion:

New owners can add a service or restoration component immediately to the business. There are several garage bays, including an enclosed paint booth, ready to go! These areas can also be sub-leased to another business or form a partnership in this direction. This was an existing side of the business but owners downsized for simplicity to move toward retirement. Good potential for growth for owners who take greater advantage of the national and international markets as well as the internet, social media, and targeted marketing strategies for external and internal customers and markets. There has been a growing interest in classic car restoration with the younger millennials generations that a savvy owner can expand into also.

Reason for Selling:

Retirement

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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