Summary Description

Highly scalable aftermarket auto parts distributor. Primarily sells refurbished radiators to body shops, auto part stores and wholesalers throughout Long Island and across the country. The company purchases its products mainly from overseas and is shipped into the US by the container load. The company has an excellent reputation with its clients due to the company's ability locate difficult items quickly and provide delivery almost immediately. This business is ideal because there are very few open receivables as most sales are paid on a COD basis. Overhead is low as expenses are streamlined and kept proportionate to sales.

General Information

Years Established: 5

Employees: 4

Facilities: 7,000 square foot warehousing facility and office space. Located in an excellent area for foreign trade. Included in sale will be $100,000 of "A" moving inventory

Market Outlook

Competition: This business has an excellent reputation within the industry. There is a huge market for aftermarket and refurbished automotive parts and the demand for these products have never been better. Other competitors in this space have taken advantage of the high demand for these products and have built $10 - $15 million-dollar businesses. With the right operator, this business can easily reach and exceed those levels as well.

About the Sale

Financing: $150,000 down with $200,000 over 5 years at 8%

Support/Training: The seller is a seasoned pro with over 20+ years in the automotive parts business. He is a valuable asset to anyone buying the business and will train the buyer in all areas of the business to allow for a smooth transition. He would even consider an employment contract (tied into productivity) for a defined period of time.

Reason Selling

Seller has been in the industry for over two decades and wants new challenges and a relocation.