MergerPlace

Retail Auto Accessories Sales & Install

Minnesota (Olmsted)


  • Asking Price: $47,000
  • Gross Income: $84,896
  • Cash Flow: $10,951
  • Real Estate: Not Disclosed
  • Inventory: $1,915
  • FF&E: $23,800
  • Listing ID: #201327
  • Established: 1998
  • Employees: 1 FT

Business Description

This business provides Retail Auto Accessories Sales and Installations with a unique proprietary product line. Developing good customer relations is essential to the success of this business. There is light competition in the surrounding community. The unique proprietary product line this business provides allows this shop to enjoy a competitive advantage over the industry competitors.


Business Details

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

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT

Financial Information

Asking Price: $47,000
Gross Revenue: $84,896
Cash Flow: $10,951
FF&E: $23,800
Inventory: $1,915
Seller Financing Available: No

Property Information

Facilities:

A well maintained 5000 sq ft shop and office facility on the main floor, and 1100 sq ft of cold storage on the second floor. The business is currently located on 4 acres of land which is available. The property is located in a highly sought after area for development. There is also a 1500 sq ft house adjacent to the shop that can provide rental income.

Growth & expansion opportunities:

There is a lot of potential for growth with this business. By increasing marketing, advertising and establishing relationships with local business the new owner would be able to increase business immediately. The current one-man operation does not have the time and resources to make outside sales calls. The growth potential would be enhanced by the addition of a marketing person to undertake the task of outside sales and establishing the contacts with local businesses. This business currently draws customers from every county adjacent to Olmsted County and beyond.

Competition:

There is light competition in the surrounding community. The unique proprietary product line this business provides allows this shop to enjoy a competitive advantage over the industry competitors.

Reason for selling:

Owner desires to retire.

Support & Training:

Will train for 2 weeks @ no cost. This business provides Retail Auto Accessories Sales and Installation, with a unique proprietary product line. The new owner will need to be a mechanically inclined individual that also has small business, marketing and sales experience. Developing good customer relations is essential to the success of this business.

Contact Business Seller

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Business Listed By:

Scott Krook

Murphy Business Brokers