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Businesses For Sale > Business For Sale in South, Louisiana (LA)

Southeast Louisiana Automobile Accessory Business for sale in South, LA

South, Louisiana (LA)

Asking Price: Gross: Cash Flow:
$ 625,000 $ 1,200,000 $ 200,000

Furniture and Fixtures Value:
$ 160,000 (included in the asking price)

Inventory Value:
$ 190,000 (included in the asking price)

Business Summary:
Sunbelt Business Brokers of Houma - Thibodaux presents one of the most profitable and established automobile-accessory businesses in Southeast Louisiana for sale. Established in 1998, this business does 60% of its revenue on exterior automobile accessories and the rest of the sales are a combination of audio/electronic gadgets or anything that goes inside the vehicle. Sales since the beginning of 2019 have been $2.7 million ($1.25million in 2020) and the cash flow of this business has been close to 200K in previous years. Owner is also offering the building for $495,000 and a building (2,200 sq. feet approximately) and land next door that is used for an office. Half of it is rented out. Price for both buildings and land is $850,000 (owner will not sell the secondary building without selling the first one). Owner is also willing to lease out these buildings to the new owner of the business. Currently business is an owner-operated. It can be more of an absentee owner as manager and employees are extremely likely to stay on because of their passion for the industry. Business has no serious competition in town. There are some places that do one or two of the services it provides. This business gets lots of repeat business. It has a reputation in the community for doing great work and providing quality accessories for all types of vehicles. Current owner is relocating out of area and is willing to owner finance with a significant down payment. Come see this great business, meet the owner and grasp the opportunity! Agent John Price is a licensed real estate agent in Louisiana. Please contact John for more information at 985-855-555. Sponsoring broker Brandon Bourgeois 225-201-0202.

Year Business was Established: 1998
Number of Employees: 4FT  
Reason for selling: Other interests  
Seller Reference Number: N3411 Listing Number: 266069