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Asking Price$2,600,000
Revenue$3,400,000 Established1986
Cash Flow$544,000 Employees7 full-time
FF&EUndisclosed* FranchiseNo
Inventory$900,000 RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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 lvbusinessbroker@gmail.com
Training/Support:4 weeks at 20 hours per week
Seller Financing:TBD
Sale Reason:Retirement
Ad #96744
Seller Reference #LASVENV001-N1213
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(702) 364-2551
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