Business Summary:
ESTATE SALE. This is a wholesale distributor of automotive exhausts and related auto parts. The company services 700 accounts within the east coast with no heavy concentration with any one account. Average gross sales for the last three years have been $3,000,000 with gross profit margins of 38%. This is a turn key operation which is being sold with current & saleable inventory of $750,000+. Receivable, payables, & equipment. Great opportunity for a buyer with sales and marketing background or for an allied company that can consolidated this business into a same or complimentary type business. All offers will be presented to TRUSTEE for immediate consideration.
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| Year
Business was Established: 1998 |
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| Number of Employees:
14 FT, 1 PT |
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| Facilities / Terms of Lease:
The business is located in an industrial complex and has 17,500 sq. ft. |
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| Potential
Growth/Expansion:
Growth thru line expansion & direct marketing. |
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| Competition:
Fragmented industry good opportunity for consolidation. |
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| Owner
willing to finance:
May consider financing to qualified buyer. |
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| Owner
willing to train:
Seller will stay on to train and or may continue on as an employee. |
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| Reason for selling:
Death of founder forces ESTATE sale. |
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Seller Reference Number: 2818LB
BusinessMart.com Listing Number: 7347 |
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