DISTRIBUTOR AUTO PARTS. DIST223

Price: $150,000

Location: Warren County, New Jersey

Industry: Distribution

Listing ID: dist223

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 2021 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: $917,856

Cash Flow: $116,821

FFE: $170,000

Inventory: $180,000

Franchise?: Yes

Franchise Information:

To be supplied

Terms and Conditions?:

The business has been valued at $150,000 based on a multiple of the net yearly income and includes the specific business assets, also INCLUDED is the franchise transfer training fee. Inventory (not included) is approximately $200,000. Bank financing has been tentatively approved to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Reason For Sale:

The sale is due to the owner’s relocation out of the state of New Jersey.

Training & Support:

The owner will remain post-closing and is also prepared to supply an appropriate transitional period to the new owner / operator.

Location

Security on Lease: Two months

Lease Option: Yes additional options.

Monthly Rent: 3,300

Type of Location: Commercial Industrial

Square Footage: 4,250

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.

Summary

Owner Qualifications:

This industry does not require government licensing approval to purchase or operate, however franchise approval is required. The sale will include full training from the seller and franchiser.

Competition:

The franchise has distance restrictions which will protect this existing business. Also, competitors presently exist in the industry, to the best of our knowledge, we are unaware of any new competitors near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Although the business has a good marketing plan, and web site, improvement with local advertising can further develop the business yearly gross sales.

Financing/Terms:

Bank financing has been tentatively approved to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Ron Cervelli

contactus@regalconsultants.com

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