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Asking Price$295,000
Revenue$1,248,000 Established2010
Cash Flow$135,000 Employees5 full-time
FF&E$175,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Wonderful business opportunity to own this high-volume auto parts franchise distribution company that supplies automobile parts at very competitive prices to its various retail customers. The company has an enormous buying power and can offer very competitive wholesale auto parts. The company services hundreds of automotive type businesses as its primary customers, including parts stores, gas stations, repair shops, body/collision shops, new and used car dealers, junk yards, and radiator repair shops. This distribution company has an average gross yearly income of $1,248,000 and a net yearly income of $135,000. The company has an excellent reputation to deliver brand-new auto parts within two to three hours to local wholesale customers from automotive repair shops, to auto parts stores, etc. Their company is successful due to their philosophy to offer the correct parts with immediate availability. They maintain consistent customer contacts which provide a competitive advantage over competitors who do not have sophisticated system to track the same customers. This distributor offers radiators, hoses, clamps, thermostats, a/c condensers, fan assemblies, side view mirrors, fuel pumps, sending modules, gas tanks, compressors and related a/c parts. New products will continue being developed so the company can have continued growth with vertical expansion with their existing customer base. This industry does not require government licensing approval to purchase or operate, however franchise approval is required. The sale will include full training from the seller and franchiser. This company has five employees who are unaware of the pending sale and fully expected to remain post-closing, and the monthly payroll cost is approximately $9,200. The business has an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent of $3,125, cost per square foot is estimated at $8.90 and rent security of approximately $6,400. The business is in commercial warehouse facility, conveniently located on a county road close to various highways. The facility consists of approximately 4,250 square feet. The business fixed assets has an estimated value of approximately $175,000 which is based on equipment, franchise and licensing replacement cost. The sale consists of a fully equipped wholesale distribution company which includes a modern software system which gives the operator a competitive advantage over local competitors in their market. The software also supplies an excellent stocking system and customer management assistance. Additional assets include, vehicle, displays, shelving, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private mall parking on site as part of the commercial lease. This successful distribution business operation is active 5 ½ days per week, with hours from 8:00 am to 5:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. The business has been valued at $295,000 based on a multiple of the net yearly income including and the value of the specific business assets. The purchaser is responsible for the franchise transfer training fee of $45,000 and inventory. Bank financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent and dependable return on investment to the owner operator prior to debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.
Facilities:The business facility consists of a 4,250 square feet warehouse and has an appropriate design with substantial storage space and various professional offices. The business is in a commercial mall with other active businesses in Northern New Jersey, Warren County, which consists of highly populated communities and numerous auto related repair companies.
Competition:The franchise has distance restrictions which will protect this existing business. Also, competitors presently exist in the industry, to the best of our knowledge, we are unaware of any new competitors near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth Potential:Although the business has a good marketing plan, and web site, improvement with local advertising can further develop the business yearly gross sales.
Training/Support:The owner will remain post-closing and is also prepared to supply an appropriate transitional period to the new owner / operator.
Seller Financing:Can be available to a qualified buyer with an appropriate down payment.
Sale Reason:The sale is due to the owner is relocating out of the state of New Jersey.
Ad #100842
Seller Reference #DIST193
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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