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This Business has been Sold!
Closing Date: 01/23/2017

Business for Sale Summary

Wholesale Auto Parts Distributor - 27797

Business Type: auto repair,auto/truck mechanical repair,all industries,misc. wholesale/distribution/non-classifiable,best deals!,new to market,seller financing available,wholesale/dist businesses
Sold
Wholesale Auto Parts Distributor
On January 23rd 2017, The Undersigned
Acted as the Advisor to the Deal
Jeanie Giagni
Jeanie Giagni Senior Broker
Servicing: Collin County TX, Dallas County TX, Denton County TX, Ellis County TX, Hood County TX, Johnson County TX, Parker County TX, Tarrant County TX
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $95,000 Down Payment $95,000
Gross Revenues $263,239 Lease Remaining Register Free to View
Owner’s Cash Flow $85,552 Number of FT Employees Register Free to View

Financing

$95,000 Down and Buyer must purchase Inventory with approximate value of $80,000 (wholesale cost). Seller will finance Inventory for well qualified Buyer.

Business Description

SIGNIFICANT PRICE REDUCTION CREATES GOLDEN OPPORTUNITY FOR BUYER! Seller is moving out of state so he is offering this profitable, well established wholesale auto parts distributing business for sale. The business is primarily home-based with inventory stored in warehouse until pulled for delivery. Current Owner has operated this business that has extremely low overhead costs for approximately 12 years, selling wholesale auto parts to auto repair businesses. Overhead costs are low since warehouse rent is only $475 per month and the new Owner could grow business substantially by simply making calls to acquire new customers. The city in which this business is located has more auto repair shops per capita than any other city in the U.S., so the growth potential is staggering. Current Owner is the only person working full-time in the business, with the assistance of only one part-time employee who assists in deliveries. This would be a great partnership or family business, too, since the more people working in the business to acquire new business and deliver auto parts to new and existing customers, the more profitable it can become because the demand is greater than the Owner can currently satisfy with existing personnel. Buyer must purchase Inventory valued at approximately $80,000 (wholesale cost) although Seller will carry a Note for the Inventory for a well-qualified Buyer. Seller will provide Buyer with two weeks' training to ensure a smooth transition and Seller is ready to begin training the new Owner, so please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.