Listing ID: 77063
This 45 Years old Business and Store with Real estate for sale in San Bernardino County , One of a kind store with Freeway Location ,This absentee owner operated aftermarket Four Wheel Drive store , parts and accessories business specializes in 4 X 4 , Jeeps , Trucks with ability to easily expand to other platforms. This hybrid business has both a store front and warehouse but “No On-Line presence”. The business has been based in southern California since its conception in 1974 . Their average customers are enthusiastic about their vehicle, they like to use the vehicle to take the trip and go on trails and camp out and see the beauty of the out doors , many of their customers bring the new vehicle to upgrade with suspension kits, tires and wheels and or lighting , bumpers, skid plates, CB Radios and the list goes on , they also repair them or improve , they also install axle assemblies , axle shift , differentials , drive lines , transmission , transfer cases , shock absorbers and steering stabilizers etc ,they serve more than 1200 customers every month most of whom are economically sound with good income and positive attitude , they have great reviews and reputation , people drive to them from far away because of their craftsman and fine work ,
” This is one of a Kind business for sale with the Real Estate with 3 Buildings” Real Estate Value is about $ 4 Million ( subject to appraisal of the Buildings) Building Comps is around $3.9 Mil
dont wait it will not last long , for further information contact
Wasim at 909-262-0973
- Asking Price: $4,100,000
- Cash Flow: $325,000
- Gross Revenue: $1,834,100
- EBITDA: $325,000
- FF&E: $300,000
- Inventory: $75,000
- Inventory Included: Yes
- Established: 1974
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
3 Freeway Location Buildings 4000 sq Ft . 14000 Sq Ft and 1000 Sq Ft
Seller may Stay with the new Buyers for few months to train
Current company need new Ideas and good digital marketing , good potential for new buyer
The venture was founded in 1974, making the business 48 years old.
The transaction shall include inventory valued at $75,000, which is included in the asking price.
The business has 7 employees and resides in a building with disclosed square footage of N/A sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons people decide to sell businesses. Nevertheless, the true factor and the one they say to you might be 2 totally different things. As an example, they may say "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in revenues, or a range of various other reasons. This is why it is very crucial that you not depend totally on a seller's word, however rather, make use of the seller's response together with your overall due diligence. This will paint a more realistic image of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Lots of companies take out loans in order to cover things such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that earnings margins are too tight. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be met or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in new customers? Often times, operating businesses have repeat consumers, which form the core of their daily revenues. Specific elements such as new competitors growing up around the location, road building, and staff turn over can influence repeat customers as well as adversely influence future earnings. One vital point to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the higher the chance to construct a returning client base. A final thought is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Just how might the neighborhood average family earnings influence future income potential?