Price: $395,000
Location: Passaic County, New Jersey
Industry: Distribution
Listing ID: DIST225
Wonderful business opportunity to own this high-volume auto parts franchise distribution company that supplies automobile parts at extremely competitive prices to its various retail customers. The company has an enormous buying power and can offer extremely competitive wholesale auto parts. The company services hundreds of automotive type businesses as its primary customers, including parts stores, gas stations, repair shops, body/collision shops, new and used car dealers, junk yards, and radiator repair shops. This distribution company has a 2022 gross yearly income of $917,856 and a net yearly income of $116,821. The company has an excellent reputation to deliver brand-new auto parts within two to three hours to local wholesale customers from automotive repair shops to auto parts stores, etc. Their company is successful due to their philosophy to offer the correct parts with immediate availability. They maintain consistent customer contacts which provide a competitive advantage over competitors who do not have sophisticated system to track the same customers. This distributor offers radiators, hoses, clamps, thermostats, a/c condensers, fan assemblies, side view mirrors, fuel pumps, sending modules, gas tanks, compressors, and related a/c parts. New products will continue being developed so the company can have continued growth with vertical expansion with their existing customer base. This is a dependable business opportunity.
Listing Details
Revenue: $1,500,000
Cash Flow: $150,000
FFE: $150,000 (Included in Price)
Inventory: $200,000
Reason For Sale:
The sale is due to the owner’s relocation out of the state
Training & Support:
The owner will remain post-closing and is also prepared to supply an appropriate transitional period to the new owner / operator.
Operation
Year Established: 2010
Days & Hours of Operation: This successful distribution business operation is active 5 ½ days per week, with hours from 8:00 am to 5:00 pm
Owner Hours Per Week: Full Time
Employees: This company has five employees who are unaware of the pending sale and fully expected to remain post-closing, and the monthly payroll cost is approximately $9,200.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 5,000
Type of Location: Commercial Avenue
Square Footage: 4,125
Relocatable?: Yes
Facilities Information:
The business facility consists of a 4,250 square feet warehouse and has an appropriate design with substantial storage space and various professional offices. The business is in a commercial mall with other active businesses in Northern New Jersey, Warren County, which consists of highly populated communities and numerous autos related repair companies.