Listing ID: 66912
Servicing the Tacoma Metro Area with high-quality and hard-to-find product lines for Auto, Heavy Duty, and Commerical Vehicles offering same-day delivery for over a decade. This well-established business carries a large inventory to hand-deliver hard-to-find parts usually within 1-2 hours keeping their customer’s customer happy.
About 95% of sales is B2B to automotive repair shops, parts stores, body/collision shops, new and used car dealers, junk-yards, and radiator shops.
This company’s net income will exceed 2019 due to being proactive and responding with driver rebate programs and other incentives to repeat customers.
- Asking Price: $410,000
- Cash Flow: $172,000
- Gross Revenue: $1,826,350
- EBITDA: $172,000
- FF&E: $75,000
- Inventory: $411,000
- Inventory Included: N/A
- Established: 2007
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:4,500
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
Wearhouse is 4200 square feet with 300 additional feet of office space and high ceilings for 5 shelf levels. Two 40' trailers for slower-moving inventory next to the building.with easy access to I-5 and Highway 509.
Three to four weeks of training with support team follow-up both in-person and weekly calls.
Retire and enjoy the family
This Business Is An Established Franchise
The business was founded in 2007, making the business 15 years old.
The deal shall not include inventory valued at $411,000*, which ins't included in the requested price.
The business has 8 employees and is situated in a building with disclosed square footage of 4,500 sq ft.
The real estate is leased by the business for $4,000 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell businesses. However, the true factor vs the one they say to you may be 2 totally different things. As an example, they may say "I have too many other obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might simply be excuses to attempt to hide the reality of transforming demographics, increased competitors, current decrease in earnings, or an array of other factors. This is why it is extremely important that you not depend completely on a seller's word, yet rather, make use of the seller's answer in conjunction with your overall due diligence. This will repaint a more realistic picture of the business's present scenario.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many operating businesses borrow money so as to cover items such as supplies, payroll, accounts payable, etc. Remember that sometimes this can suggest that revenue margins are too thin. Many organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that have to be satisfied or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in new customers? Most times, companies have repeat customers, which create the core of their day-to-day profits. Certain aspects such as new competitors sprouting up around the area, road building, as well as staff turn over can influence repeat consumers and also adversely affect future earnings. One vital point to consider is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the greater the possibility to develop a returning client base. A final thought is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood typical house earnings influence future income potential?