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Distributor Classic Auto Parts

New Jersey

Asking Price: Gross: Cash Flow:
$2,800,000 $2,100,000 $659,534

Inventory Value:
$700,000 ( not included in the asking price)

Business Summary:
This well established niche business needs nothing more than a new owner! Cash flow for 2010 was over $600K and has increased each year for the past five years. No one customer accounts for more than 1% of sales and all numbers are verifiable via tax returns and computerized inventory control systems. Open 5.5 days per week, it can be relocated anywhere and only requires 6,000 sq. ft. of space to house the entire inventory. An unparalleled depth and breadth in product mix, a license to manufacture parts under the OEM’s trademark, and a trade name that is known worldwide, provide formidable barriers to entry. In fact, this business has virtually no direct competition. Growth potential is enormous with no increase in inventory. An extremely reasonable long-term lease is available. The seller will finance approximately two-thirds of the sale price at Prime +2 over 5 years. He is willing to stay until the buyer feels comfortable; however, the manager really runs the show and is staying on along with all the other employees. For further information, please contact Howard Kupferman at 908-851-9040 Ext 263

 
   
   
Year Business was Established: 1976
   
Facilities / Terms of Lease: Approx 6,000sq.ft of warehouse space with a small office area  
   
Potential Growth/Expansion: Enormous potential  
   
Competition: Extremely limited; no direct competition within niche  
   
Owner willing to finance: Prime + 2  
   
Owner willing to train: one month  
   
Reason for selling: Retirement  
 

 

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