This company exclusively sells quality restoration parts for classic cars and trucks. Many of the parts are produced exclusively for this company overseas. The company operates both hard cover catalogs and online catalogs. Although it does most of it sales on a retail basis, it also sells its manufactured parts on a wholesale basis and to other parts resellers. The margins in this industry are amazing. Most of the parts made overseas have a profit margin exceeding 85%. The business operates in a custom designed 21,000 sq. ft. distribution center that includes offices, an upscale apartment, storage and distribution. The seller owns the building. Although the seller is offering an attractive lease rate, the building could be for sale on a case by case basis. The business has a huge upside potential by expanding the product lines to other model cars and trucks in addition to expanding its online presence. This business is turnkey and the owner is currently not active on a day to day basis. If the new owner would take the place of the general manager then without any changes at all, they could expect to net $544,000 per year. This business is an extreme value when you look at the comparables. Auto parts catalog and mail order businesses sell for a multiple of between a 9 and 17 according to Pratt's Stats. Such comparables are included for your review in the confidential summary. This business caries an average of $900,000 in inventory that would be required to be purchased in order to operate the business. For more detailed information including a 40 page opportunity summary which includes financials, please contact Alan Horwitz at 702-714-0229. Email for an NDA at firstname.lastname@example.org
Seller Reference #LASVENV001-N1213
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.