Price: $1,798,000
Location: Los Angeles County, CA
Industry: Other Wholesale and Distribution
Listing ID: 01985428JR
Listing Status: New
Listing ID - 01985428JR
Established in 1978, this renowned manufacturer and distributor specializes in replacement parts and accessories for vintage vehicles.
As the current owner seeks retirement, this thriving business presents a unique opportunity for acquisition.
Initially founded with a strategic business plan, the company has excelled in supplying high-quality, reproduction parts and accessories for classic cars.
This business has established a robust network, supplying parts and accessories to dealers, auto part stores, and vintage vehicle enthusiasts across the U.S., Canada, Europe, and Japan.
Renowned for its stability and profitability, the company has demonstrated resilience in economic fluctuations, showcasing its near recession-proof status.
A significant portion of the inventory is imported, ensuring a diverse and high-quality selection.
The retiring owner is searching for a passionate, visionary buyer who can steer the business towards a bright future.
The potential for expansion is vast, particularly with the untapped avenues of direct sales and internet marketing, offering infinite possibilities for growth.
Seize this exceptional opportunity to own and expand a well-established business in the antique auto parts industry.
Contact us today to explore how you can drive this venture into a new era of success.
Down Payment: $1,798,000
Total Sales: $2,734,107
Cash Flow: $416,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $200,000
FFE Included: Yes
Inventory: $1,000,000
Inventory Included: Yes
Year Established: 1978
Days & Hours of Operation: 5 Days Open (Mon - Fri: 8am to 4:30pm) / (Sat & Sun: Closed)
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Employees: 4
Managers: 1
Absentee Owner: No
Lease Option: New Lease
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $3,000
Type of Location: Warehouse Industrial
Square Footage: 12000
Reason For Sale: Retiring