Total of 18659 firms and businesses for sale today Wednesday 22nd May 2024
Time to Sell or Time to Buy !

Business For Sale. Auto Parts Sales

LISTING DETAILS
Firms For Sale ID:
12067
Vendor reference:
212210
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$200,000  
Turnover / revenue:
$90,000
Net profit / cashflow:
$900,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
California business for sale - This deal won92;t last long great cash flow and real estate cash flow too. Auto Parts Business (Est. 1970)(3 yrs current owner) 2003 gross will be approx. 24;1,000,000 the monthly net has been growing from 24;15,000 in March to 24;19,000 in October. Revenue 60%; parts and 40%; paint, margins are 39%; on both revenue streams. There are 131 customers including four large long-standing customers, who buy parts and paints to service their fleets. Included out side of escrow is 24;65,000 in receivables. 24;328,000 dollars in inventory is included in the asking price. The real estate can be Included in this sale for 24;1.1 million. Current Cash flow from the real estate is approx. 24;94,000. Two- buildings, the first is 5,600 sq ft. it houses the auto parts store and two separate 8002B; sq ft auto bays, which are rented out for 24;1,000 per month each, there is a waiting list to rent these bays. The 2nd, building is 3,000 sq ft and it rents for 24;3,000 to a hot rod builder on a month-2-month basis, two people are in line for long-term leases. The auto parts store rents 4,000 sqf at 24;2,800 the owner will not sell the real estate w/out the business being sold. For more information call David Tabone at 714-224-7300