MergerPlace

Auto Accessory Sales and Installation

Nova Scotia


  • Asking Price: $299,000
  • Gross Income: $321,479
  • Cash Flow: $155,834
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $19,582
  • Listing ID: #226800
  • Established: 2015
  • Employees: 1 FT/2 PT

Business Description

Well-established business with a loyal clientele, providing auto accessories and installation largely to the automotive industry. Seller works as required about 30 hours per week. Not a long learning curve for someone with an interest in autos or mechanically inclined. Seller is willing to work with a new buyer on a full or part-time basis for an extended period of time. Pleasant personality would be an asset.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Nova Scotia

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/2 PT

Financial Information

Asking Price: $299,000
Gross Revenue: $321,479
Cash Flow: $155,834
FF&E: $19,582
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Business operates out of a small rented facility, which could easily be moved at buyers discretion.

Growth & expansion opportunities:

The business is very steady and prospers as the car sales industry prospers. Most clients are dealerships with some retail customers. An aggressive buyer may want to open a storefront to take greater advantage of retail sales, which could double or triple existing sales volume.

Competition:

There is very little competition in the local area. Dealerships do some after-market sales and installs themselves, but generally prefer to subcontract, to obtain quality products and fast turnaround.

Reason for selling:

Owner is preparing to retire.

Support & Training:

Will train for 8 weeks @ $0 cost. No specific licenses required. Automotive industry experience, and mechanical inclination would definitely be an asset. As well as a pleasing personality for dealing with customers. Seller is willing to train and remain under part-time contract for an extended period of time.

Contact Business Seller

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Business Listed By:

Dan Murphy

Murphy Business Brokers