MergerPlace

Auto & Farm Parts Store

Minnesota (Traverse)


  • Asking Price: $580,000
  • Gross Income: $691,987
  • Cash Flow: $59,371
  • Real Estate: $80,000
  • Inventory: $340,000
  • FF&E: $40,000
  • Listing ID: #196459
  • Established: 1973
  • Employees: 1 FT / 2 PT

Business Description

The auto parts store services the local community as well as the rural customers. The owner works with the local farmers to keep them supplied with farm equipment parts. The owner distributes farm equipment parts and supplies to the local farmers. This part of the business can be expanded.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Minnesota
County: Traverse

Company Information

Year Established: 1973
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT / 2 PT

Financial Information

Asking Price: $580,000
Gross Revenue: $691,987
Cash Flow: $59,371
FF&E: $40,000
Inventory: $340,000
Real Estate: $80,000
Seller Financing Available: No

Property Information

Facilities:

The property is 115 feet x 110 feet. The main store is 3,024 square feet with a 16x24 and 12x8 building for storage. This is a wood frame building with steel siding with a gable roof.

Growth & expansion opportunities:

The business will continue to grow with continued marketing to farmers and the local residence.

Competition:

There is one other auto parts store in the community, but does not compete in the agricultural market

Reason for selling:

The seller is retiring, but willing to stay on as a commissioned sales person.

Support & Training:

Will train for 2 weeks @ no cost. No special license to operate this retail facility.

Contact Business Seller

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Business Listed By:

Dan Bauer

Murphy Business Brokers