Established in 1990 by the existing owner, this business has been consistently profitable through economic cycles. Over 400 classic foreign cars have been dismantled, parts labeled, stored on racks indoors and cataloged for sale. They are housed in a large warehouse, approximately 145,000 square feet on about 6 acres of land. The existing owner owns the property and it is available for purchase at $1,000,000 or for lease at $12,000 per month. Office space and a service shop are located within the building.
The repeat customer base is national and international in scope. individuals restoring vehicles and other parts resellers know this company well. A steady supply of salvage vehicles is regularly acquired to replenish and expand the inventory. Ten full-time employees including a General Manager are willing to stay.
Significant growth opportunities include expanding into more current model years and additional foreign car brands. Restoration services can be expanded to serve customers and rebuild vehicles for resale. Completely restored classic foreign cars sell in the range of $50,000 to $200,000 and continue to appreciate.
Check out Pratts Stats for current information to see what similar Auto Parts Catalog and Mail Order business sell for.
Required Licenses: Business
Seller Reference #CHARLNC001-N726
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