Asking Price: $495,000
Real Estate: Available
Gross Revenues: $1,131,459
Cash Flow: $215,781
Local auto parts retail and machine shop combination has been in business and built a large client base over the last 16 years, located in East Central Indiana. They draw from a good region of customers that want engine work, machining, blocks bored out, etc to people just wanting performance parts or something as simple as an oil filter. People will drive from 2 hours for performance parts or even more for machining.
Very profitable business and growing with a significant upside for someone willing to put in the work. The current owners are quite happy with the current business as it is. But, if you want to grow it significantly, even doubling it, there's really no reason you can't with a little marketing to racers, classic car and muscle car builders and auto repair facilities. Could also sell parts online, which is currently not being done.
Facilities: The owner owns the building which is 5,000 square feet, concrete and steel construction. It has a retail showroom, parts counter, inventory stockroom, and a full service machine shop, complete with engine machining equipment, dyno and 3 phase power,.
Growth & Expansion: This business is running great and has a lot of advantages to it just as it is. We can discuss those with a qualified buyer on our first meeting. All of their current revenue happens out the front door from their one location....that's huge. It also means that there is a huge upside for growth with marketing, advertising, and a web presence.
Employees: 4
Financing: A qualified buyer should be able to obtain SBA financing with 20% down
Support & Training: The seller will provide training as needed to assure a successful transition.
Reason Selling: Retirement
Contact: Scott Lands
Phone: 317-333-6655 x 104