Joe Braier, President of Lakes Business Group, Inc, was one [...]
- Engagement Number: 1813
- Title: Wholesaler and Retailer Auto Parts Distributor with Machine Shop
- Location: Midwest, USA
- Asking Price: $650,000
- Gross Sales: $2,400,000
- SDE: $180,000
- Real Estate: $125,000 included in asking price
- Building Sq Ft: 30,000 sq Foot
- Industry: Distribution
Well established Auto Parts Wholesale Distribution/Retail Store with an In House Machine Shop.
This business has developed a great reputation for excellent service at a fair and honest price over the last 75 years. A new owner will also benefit from the in house machine shop that even creates referrals from competitors.
30,000+ foot facility boasts a retail store front with a huge inventory that spans a full basement and a 2nd floor with a conveyor belt. An attached parking lot is also included. The property is currently leased by the owner @ $1,200/month.
Expanding on Marketing could yield significant results as very few methods of advertising are employed today. A website refresh with e-commerce and/or multi-media call center capabilities would certainly cater to the younger generation and reach a new audience.
The general manager is willing to stay on and help the new business owner with the transition for a period of time.
Strong annual sales average approximately $2,400,000.00 Seller’s Discretionary Earnings average of over $180,000 over the last 3 years.
For more information on this listing, please complete our Non-Disclosure Agreement
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