Business Summary:
This is a fun business for a car lover. This established storefront business has a very profitable web site which receives an average of 150,000 hits per month which produces huge phone volume and dependable internet product sales from all over the world. This segment of the business accounts for approximately 20% of revenues and shows continuous monthly growth.
The Company sells performance auto parts including: racing and performance parts, customized parts, ignition and exhaust components, conversion kits, rebuilt engines and transmissions and cooling products and restoration parts. Located on a major boulevard with limited competition and generous parking. The Company has a database of over 7,300 customers. The owner and staff are experts in the performance aftermarket field.
The Company buys direct from over 80 of the most popular nationally recognized manufactures which gives the Company strong support and purchase referrals. Their facility has a large shop area which has been and could be again, used for installations, fabricating and other services. Their facility is wired with fiber optics for lightening fast data transfer. A new server was installed approximately a year ago to further improve their infrastructure. In 2007 they invested approximately $20,000 in a high end POP software program.
Upside potential includes providing installation service, Internet solicitation of their large customer base, advertising (current owner spends less than one-half of one percent of revenues on advertising), attendance at local drag racing events, and offering related products like stereos, security systems and wheels and tires.
General Information
Year Established: 1986
Employees: 1 full time employee at a monthly payroll of $2,600
Facilities: 4,000 square feet, with a large shop area, at a total cost of $2,800/month, including triple nets and CAMs.
Price Includes: Furniture, fixtures and equipment, tenant improvements, and website. Inventory of approximately $160,000 not included.
Support/Training: Seller will provide training.
Reason for Selling: Another business opportunity
Asking Price: $ 59,000
Gross Revenues: 446,000
Seller’s Discretionary Earnings: 40,000
For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002 ext. 303 or J.atchison@sunbeltnetwork.com.
|
|
|
