Listing Number: 86715-538330
Description
This opportunity is a 45-year-old business providing auto parts and repair services for retail and commercial clients in and around their location. Located in a small central Alabama town, the business has no competition for roughly thirty plus miles in any direction, besides one small local competitor. The owner is retiring and has been a long-term owner/operator of this business for around 45 years. The location and space of the business provides a nice large facility to support selling and stocking auto parts along with capacity to support servicing auto repair orders. Revenues and profitability are consistent and continue to trend higher each year coupled with a skilled ready-made staff to support work orders and sales.
Pricing includes the combined operating fixed assets along with the inventory and accounts receivable. The real estate of the business is also included in the total price. This opportunity is suitable for a potential owner/operator with direct or indirect experience or an active investor. Significant owner financing potentially available at seller's sole discretion. Subject to final review and approval.
Listing Details
- Price: $ 1,950,000
- Down Payment: $1,950,000
- Sellers Discretionary Earnings: $ 319,661
- Total Sales: $ 1,747,633
- Location: Alabama
- Inventory: $ 388,000
- FF&E: $ 175,000
- Employees: 5
- Year Established: 1960
- Reason for Selling: Retirement
- Category: Automotive
