Profile: Gross Profit Is 30% With 1,900 Accounts.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,400,000 |
| Down Payment: |
$1,400,000 |
| Annual Revenue: |
$3,000,000 |
| Annual Adjusted Net: |
$420,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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The Company Owns And Operates An Automotive Parts Warehouse Distribution Business Which Specializes In Asian And European Vehicles. The Company Has Been In Business Since 1977 And Has Pioneered A Direct Delivery System To Its Client Base And Has A Fully Integrated Inventory Control System Which Permits It To Have The Latest Cost And Profit Margin On Each Transaction Together With Links Directly To Each Vendor To Enable The Company To Refine Its Service Capabilities To Its Clients With The Correct Part And Competitive Price. This Has Enabled The Company To Maintain A 99% Order Fill. The Company’s Clients Which Number Upwards Of 1900 Accounts Primarily Consist Of Independent Automotive Service Centers Located Throughout The Los Angeles Basin, Northern California And Arizona. The Company Carries Inventory Relating To Ignition/Tune-Ups, Brake Systems, Clutch Systems, Suspensions, Timing Components, Cooling Systems, Steering Components, And Fluids And Miscellaneous Parts. The Inventory Is Original Equipment And After Market Products. The Purchase Price Does Not Includes Inventory Of 600,000. Certain Of The Products Are Imported Directly From Asia And Europe And The Bulk Are Locally Warehoused By A Myriad Of Nationally Recognized Vendors. This Is A Recession Proof Business That Can Be Increased With The Infusion Of Working Capital To Carry More Inventory And Market To A Broader Base Of Clients. Currently The Company Undertakes No Advertising. The Current Management Is Willing To Remain As Required By A New Owner.
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