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Asking Price$2,900,000
Revenue$3,000,000 Established1954
Cash Flow$1,000,000 Employees18 full-time
FF&E$200,000* FranchiseNo
Inventory$2,400,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This business rebuilds/re-manufactures automotive parts that go into classic cars and hot rod automobiles. The family business was founded over 50 years ago. The owner is willing to stay involved and is willing to retain a minority ownership role in the company. He has some other business interests that he will spend time. Some of these other interests have depleted his working capital needs for this business and that has prompted his interest in selling as well.

Some of the parts they make have very high margins which is why this business has much higher than normal cash flow. There is a lot of room to grow the business for a buyer with sufficient working capital. Principals Only, No Brokers and No Buyer Reps - No Exceptions. No other information can be provided until a buyer has provided a Confidentiality Agreement to the listing broker, Bill Law cell 704-904-6624 bill@sunbeltbrokers.biz

Required Licenses: Business
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider part of the purchase price in an earn-out
Sale Reason:Other Business Demands
Ad #76094
Seller Reference #CHARLNC001-N668
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Contact This Seller
Bill Law
(704) 897-8232
Email Address