Description

This retail auto parts and farm supply business is located in Marcellus Michigan. This business is an authorized NAPA auto parts distributor and sells automotive and truck parts. This includes batteries, oil, exhaust pipes, hydraulic hoses, accessories, and other auto supplies as well as marine and recreational vehicle supplies. This versatile business also sells farm, lawn and garden supplies which include lawn mower parts, heavy duty truck parts and farm equipment parts. This business has a very loyal agricultural client base that relies on them for all of their auto parts and farm supply needs. Their staff has extensive knowledge when it comes to both auto parts and farm supplies so they can easily help customers find exactly what they are looking for.

This retail auto parts and farm supply company has been in business since 1988 with the current ownership. This Michigan based business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future. After years of hard work and dedication to building this business, the current owner has decided to retire and let a new owner take it to the next level! This owner-operated business is managed in a hands-on-fashion, giving the owner full control over the quality of products and the customer service provided. This company offer a new owner a successful business with a great reputation, along with an established and loyal customer base.

INVENTORY AND EQUIPMENT INCLUDED IN THE SALE...MORE DETAIL AVAILABLE WITH YOUR INQUIRY

Detailed Information

Inventory:Included in asking price
Real Estate:Included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities: The business is located in a 3500 square foot historic building in a high traffic area. The building features a retail area, multiple storage areas, break room and office. This is all included in the sale, a lease option is negotiable.
Competition: This company has a very loyal customer base with 90% repeat clientele. Customers know that this company provides excellent customer service and has an extensive selection of products as well as product knowledge. Their reputation for friendly and knowledgeable customer service has built them a large customer base as well as a wonderful reputation in the area.

Growth & Expansion: There are many effortless growth opportunities for this business. An assertive new owner might consider starting a small engine repair business in order to expand off the existing agricultural client base. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team. The building of a company website would widen the recognition of the business and bring in more customers as well as sales.
Financing: Available up to 15%
Support & Training: The owner will remain for a reasonable transitioning period. Key employees will most likely stay after the transition.
Reason for Selling: Retiring

Asking Price: $695,000
Gross Income: $607,000
Cash Flow: $64,000
EBITDA: N/A
FF&E: $25,000
Inventory: $250,000
Real Estate: $125,000
Established: 1988
Employees: 3

Posted Oct 23, 2015

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