Profitable Cash Flowing Wheel & Hubcap Business

Not Disclosed, AR
Pulaski County

Asking Price: Annual Revenue:
$506,875 $326,641

Automotive & Boats: Auto Retail - Auto Parts

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RE: Profitable Cash Flowing Wheel & Hubcap Business Broker: Carl Grimes
Owner Financing is Available!
Owner is willing to provide 100% owner financing to qualified buyers.

Quick Facts

Asking Price: $506,875
Annual Revenue: $326,641
Net Profit: Not Disclosed
Cash Flow: $66,263
Total Debt: Not Disclosed
FF&E: $29,800
Real Estate: Not Disclosed
Year Established: 1999
Employees: 1
BBN Listing #: 927155125
Broker Reference #: N019-SC

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Business Overview:

This hubcap and wheel business was established in 1999 and has been a profitable cash flowing enterprise from day one. This is an opportunity to own a business in one of the fastest growing industries in the world. The automotive parts & accessories industry is experiencing rapid growth! With 6 straight years of an increase in licensed drivers in the United States, this has created a huge demand for auto parts & accessories -- with hubcaps and wheels leading the way.

Auto parts ecommerce sales broke $10B for the first time in 2018, excluding auctions and used parts; a key automotive industry trend in 2018. Each month, there are more than 400 million searches on Google for auto parts and services. There are 120 million searches on Bing for auto parts and services, and about 80% of those Bing searches are unique to the Bing Audience. Consider the following:

> Power of digital influence: Almost $138B in parts sales, through online/offline channels, are influenced by online activity.
> Over $5B in parts & accessory sales were on mobile devices in 2018.
> Automotive Aftermarket Suppliers Association (AASA) projects the total aftermarket to have a compound annual growth rate of 3.6% through 2019; Do It Yourself (DIY) retail sales to grow at about the same rate.
> Amazon 1P and 3P sales of auto parts & accessories reached $6.9B in 2018.

Hedges Company forecasts nearly $16 billion in online sales in 2021, and nearly $152 billion in parts & accessory sales to be influenced by online in 2021. This business currently does no online sales. Revenues can be instantly doubled simply by creating an online sales presence to take advantage of the rapid growth in this industry. This business is waiting to explode under the right owner.

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Reason for Selling:

Owner is ready to retire.

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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