Description of the business for sale
Catalyst Business Brokers offer a 23-year-old Automotive Parts Wholesale Exporting Company, with active clients in over 50 countries. This reputable Company specializes in Jeep parts but is also very active with all parts and accessories for Ford, GM, Chrysler and some foreign manufacturers. The owners developed a large commercial sales base including foreign government contracts and distributors. The Company developed a Jeep engine replacement (long-block) and has delivered over 8,000 new engines in the last couple of years. They also sell a full line of other new engines for Ford, Chrysler, GM and CMD engines. All parts are new and the company does not sell reconditioned or used parts. The Company has a great Internet presence with a complete storefront containing over 7,000 catalog pages of products and specials. This established and successful auto parts business presents a unique opportunity to an energetic car aficionado a golden opportunity to enter this lucrative international market, with significant growth potential in sales and profits. Sellers are past retirement age and will stay to help the buyer throughout the ownership transition and beyond to ensure a smooth change of ownership. Assets included in the sale; over $300,000 in inventory, and $40,000 in fixtures, equipment and furniture.
Support / Training provided by seller
Seller will provide 20 days of free training and is willing to stay as a consultant as needed.
Description of the facilities
10,000 sq ft of modern, high ceiling facility with loading docks and street level access for containers, with approximately 15,000 sq ft of paved yard.
GROWTH: Sellers are past retirement age and will stay to help the buyer throughout the ownership transition and beyond to ensure a smooth change of ownership.
COMPETITION: The Company has long-standing relationship with government and private clients in over 50 countries. There are few competitors that offer similar markey exposure and product range.
ADDITIONAL FINANCIAL INFORMATION
•Financing: n/a
•Inventory: $308,000
•FF&E: $40,000
REASONS FOR SELLING: Retirement