Business Overview

Turn Key Truck Parts Distributor!

This business has been profitable for 60+ years. Loaded with Goodwill!!

Don’t miss this opportunity to own your own, established and extremely profitable yet easy to run business!!

**AND DID WE MENTION Growth Potential**

Some Owner Financing Possible

$150,000k++++ Annual SDE (Sellers Discretionary Earnings)
$1,650,000 sales annually
Only opened 5 days a week
Very Well Established
Loaded with Good Will
Proven Concept
Full Training
Total Turnkey
Ample room for growth
Individual, Corporate and Municipality Clients

Financial

  • Asking Price: $395,000
  • Cash Flow: $150,000
  • Gross Revenue: $1,657,000
  • EBITDA: N/A
  • FF&E: $150,000
  • Inventory: $300,000
  • Inventory Included: N/A
  • Established: 1961

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:12
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Located in warehouse complex with great parking

Is Support & Training Included:

Seller will train as needed to ensure buyer's full understanding of the business.

Purpose For Selling:

Other

Opportunities and Growth:

will discuss after Non-Disclosure Agreement has been signed

Additional Info

The business was started in 1961, making the business 61 years old.
The transaction doesn't include inventory valued at $300,000*, which ins't included in the requested price.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. However, the genuine factor and the one they say to you may be 2 completely different things. For instance, they might claim "I have a lot of other commitments" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competitors, current reduction in earnings, or an array of other factors. This is why it is extremely crucial that you not depend totally on a vendor's word, yet rather, use the vendor's response together with your overall due diligence. This will paint a more sensible picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses take out loans in order to cover points like supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can suggest that revenue margins are too tight. Many organisations come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be met or might result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in brand-new consumers? Often times, operating businesses have repeat clients, which develop the core of their day-to-day profits. Certain factors such as brand-new competitors growing up around the location, road construction, and employee turnover can influence repeat customers as well as adversely influence future revenues. One important point to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business regularly, the better the opportunity to construct a returning customer base. A final thought is the general area demographics. Is the business placed in a densely inhabited city, or is it situated on the outside border of town? How might the neighborhood average household income impact future earnings potential?