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Business for Sale Summary

Auto parts, car sales in Plymouth County, MA - 25848

Business Type: auto repair,auto/truck mechanical repair,automotive dealers/ auto retail,equipment rental and sales
Owner Financing
Auto parts, car sales in Plymouth County, MA
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Financial Information (non-confidential)

General Information
Asking Price $74,900 Down Payment $50,000
Gross Revenues $325,000 Lease Remaining Register Free to View
Owner’s Cash Flow $70,000 Number of FT Employees Register Free to View

Financing

$50,000 Down and Depends on experience and credit of buyer

Business Description

Established in 1992 and still under same ownership. Owner is now ready to retire! This is a fantastic opportunity to buy a reputable auto parts distributor. Gross income continues to increase, mostly through truck rentals. Has established relationship with many auto repair shops in area to supply parts, and several municipalities to provide parts for their vehicles. The truck rentals, done through a national chain, have increased revenue substantially. There is also a license to sell 10 used cars. Has new relationship with Avis / Budget to buy their newer-model leased cars to sell. Located on a busy street, just on the outskirts of downtown, within a mile of several used car dealerships and auto body shops, all looking for auto repairs. This is a great opportunity for an auto technician. Large area to store inventory. Real estate available on 1 acre of land. There are six auto bays (four rented out now). This is currently not part of the sale, but could be included. Owner is currently renovating two of the bays for auto repair or heavy truck repair. These bays are not part of the sale of the business.

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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.