Listing Number: 86715-438304
Description
Sales Price includes both the business and the real estate. It is an owner occupied property.
Overview: This is a unique opportunity to acquire a family-owned, well-established, and profitable auto parts and repair business that has been a cornerstone of the community for 70 years. Along with the owner-occupied real estate, this business is located in a prime spot with excellent visibility and interstate access.
Key Highlights:
70 Years of Excellence: A long-standing business with a rich history and a loyal customer base.
Prime Location: High visibility and easy interstate access, attracting a steady flow of customers.
Spacious Facility: Ample workspace to accommodate up to 18 autos and trucks simultaneously.
Consistent Growth: Revenues and profitability have been trending upwards year after year.
Skilled Workforce: A dedicated and experienced team is in place to support operations and sales.
Financials:
Included in Sale: Operating fixed assets and accounts receivable.
Real Estate: The property is included in the total price, offering a complete package for the buyer.
Proof of Funds: All potential buyers must provide proof of funds and/or undergo a background review.
Ideal Buyer: While the seller prefers a buyer with experience in the auto parts and repair industry, it is not a prerequisite. This opportunity is suitable for anyone with a similar skill set or an interest in the industry.
Listing Details
- Price: $3,000,000
- Down Payment: $2,550,000
- Sellers Discretionary Earnings: $430,405
- Total Sales: $2,218,746
- Location: Alabama
- Inventory: $1,100,000
- FF&E: $297,871
- Employees: 11
- Year Established: 1953
- Reason for Selling: Retirement
- Category: Automotive
