Auto Parts - Asset Sale

Business Summary:
Seller retiring after 43 years in business. The financials reflected are projected for 2015. The seller owns the Real Estate and will give buyer a favorable long term lease with option to buy. The automotive aftermarket is worth more than $250 billion and growing annually as licensed drivers, registered vehicles and miles traveled continue to increase at a steady pace. That fragile U.S economic growth and high rates of unemployment will lead people to hold on to their cars for longer, which would also continue to boost demand for auto parts and sales for retailers. This presents a Great Opportunity for an owner operator with sales & marketing experience. This is a well-established retail/wholesale auto parts distributor. Currently serving dealerships, garages, auto body shops, gas stations, & other commercial accounts within the Essex & Union Counties of New Jersey. The company is servicing accounts of which 50% are to wholesale accounts with the balance to walk in retail. The purchase price INCLUDES $120,000.00 of saleable inventory and Seller financing. The seller will train but bot work part time. The business is PRICED TO SELL!!! For more information, please contact Larry Bodner at 908-851-9040. Email: [email protected]