Buy a Auto Parts Business in Suffolk County, New York
Business: Buy a Auto Parts Business
County, State: Suffolk County, New York
Business Type: Retail, Durable Goods (products), Automotive Dealers/Auto Retail
Summary Description
Unique opportunity to buy this long established retail and wholesale auto parts distributor for LESS than the value of the inventory!! After 37 years in business (21 years at present location) this establishment has recently affiliated with a national, highly visible, auto parts organization. Inventory has been updated, and is all clean, current, and saleable. The store has been retrofitted with all new signage and fixtures and is very attractive. This is a 4500 square foot facility with ample parking and an updated computer system. The owner is of retirement age, and has not engaged in any marketing or sales activity in recent years. New aggressive ownership could step into this beautiful facility, and immediately begin building upon the existing steady customer base.. Excellent location in suffolk county, with a long lease in place. This is a fabulous opportunity for a properly qualified buyer, or someone in the business seeking an additional location. Call Today!
About the Sale
Asking price: $250,000 (USD)
Financing: $125,000 down and 125K @ 7% over 5yrs.
Total Revenues: $388,777 (USD)
Cash Flow: $60,365 (USD)
Reason Selling: Retiring
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.