For more than 50 years, this well-established Auto Parts Supply Retailer and Service Center has been a fixture in the Twin Cities Metro Area. Its continued success is attributed to a loyal customer base, a wide assortment of product (many of them unavailable at a standard auto parts retailer), a well-managed service center, and its recent growth in internet sales. Annual sales have consistently exceeded $2 Million. Retail customers currently represent 100% of sales…there is an opportunity for substantial growth if the buyer adds wholesale customers to the mix.
The business asking price of $1,279,000 includes $1.13 Million of inventory and $95K of FF&E including: 2 forklifts, shop equipment, and a large amount of shelving and fixtures. The real estate has been appraised for $1.69 Million and is offered for sale separately at that price. Or, the owner is willing to lease the building to the buyer. The owner’s cash flow for 2016 was $305k (or $475k if the buyer also purchases the real estate). The business is for sale due to the seller’s decision to retire. Buyer will need to make their own financing arrangements.
Asking Price $1,279,000
You May Also Like
Tire Service and Sales, Very Profitable #462041 posted Feb 1, 2017
- Wisconsin, United States
This is a long-established out-state tire sales and service business. Commercial truck and farm service customers. Many diverse customer relationships and excellent supplier relationships lead to multiple secure revenue streams. An essential service that can’t be done from over-seas! Get started...
Auto & Farm Parts Store #459080 posted Dec 7, 2016
- Traverse County, Minnesota, United States
The auto parts store services the local community as well as the rural customers. The owner works with the local farmers to keep them supplied with farm equipment parts. The owner distributes farm equipment parts and supplies to the local farmers. This part of the business can be expanded.
Turn-Key, Profitable Wholesale Car Parts Distrib. #462833 posted Feb 14, 2017
- Iowa, United States
This is a great opportunity to buy an established, profitable business for sale! This turn-key, well respected wholesale distribution business is located in Eastern Iowa and offers top-rated automotive parts, equipment and supplies. The current owner opened this business in 2007 and has successfully...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.