Opportunity

Profitable, Hands-Off Owner, Online Performance Auto Parts Business

This business operates multiple websites in the automotive performance parts space focused on different product areas. The company sells universal parts that are installed in cars, trucks, boats, and niche vehicles which may also be used in testing and industrial applications. Nearly all parts are manufactured overseas and carry one of the company’s own “house brands”. Products are warehoused in a ~14,000 sq. ft. warehouse, and orders are packed and shipped by full-time employees and part-time employees. The company also employs several part-time customer service representatives located in other countries. Approximately $950k of inventory is included in the listing. A proven and successful business for over 20 years, this company is well positioned to continue delivering strong financial results well into the future.

Key Details

Location: Colorado Springs Industry: Automobile and Other Motor Vehicle Merchant Wholesalers

Financial Overview

Total Sales: $3,580,214 Cash Flow: $1,293,552 FFE Included: Yes FFE: $50,000

Resale Price

$5,980,000

Profitable Business Sale

Explore this exceptional opportunity to acquire a thriving business that aligns with your goals.

Features:

Reason For Sale:Owner is moving into new, unrelated investment opportunities.

Training & Support:Owner is willing to train new owner(s) during mutually agreed upon transition period.

Year Established: 2002

Employees: 7

Monthly Rent: $10,000

Type of Location: Warehouse

Square Footage: 14,000

Facilities Information:Approx. 14,000 sq. ft. which includes office space, conference room, kitchen/break room, restrooms, and warehouse space.

Historical Summary:

• Over the past 10 years the owner has been spending less than one hour per day on the business
• No single customer represents more than 5% of revenue and over 65% of orders are from repeat customers. Over 200,000 customers have been served
• Online sales only. No retail storefront to operate
• Historically stable financial performance year-over-year with considerable revenues and profits
• Company is the “manufacturer” on nearly all products it sells, and production is outsourced. Any factory currently used for parts manufacturing can be replaced

Potential Growth:• Enhance digital presence with SEO and social media outreach, improving website findability and customer reach
• Attend car shows and events to introduce the company’s product lines to the performance automotive enthusiasts who use the products, and create additional social media content
• Develop a mobile-friendly interface for the websites to increase sales
• Change company policy to offer credit terms to business accounts
• Expand product offerings, which have been largely stagnant over the past 10 years

Additional Details

Business Overview

This business operates multiple websites in the automotive performance parts space focused on different product areas. The company sells universal parts that are installed in cars, trucks, boats, and niche vehicles which may also be used in testing and industrial applications. Nearly all parts are manufactured overseas and carry one of the company’s own “house brands”. Products are warehoused in a ~14,000 sq. ft. warehouse, and orders are packed and shipped by full-time employees and part-time employees. The company also employs several part-time customer service representatives located in other countries. Approximately $950k of inventory is included in the listing. A proven and successful business for over 20 years, this company is well positioned to continue delivering strong financial results well into the future.

Financial Insights

Total Sales: $3,580,214 Cash Flow: $1,293,552 FFE Included: Yes FFE: $50,000

Operational Details

The business operates with a streamlined process and dedicated staff. Training and support will be provided to ensure a smooth transition. Systems are in place for ongoing operations.

Market Position

This business holds a competitive edge in its niche market. Its reputation for quality and service has garnered positive reviews. There's significant potential for expansion into new markets.

Next Steps

Interested buyers are encouraged to reach out for a personalized consultation. We can provide additional insights and answer any questions. Take the first step towards ownership today!

Contact Information

For inquiries, please contact us via the meeting request. We are here to assist you with any information you need. Your journey to becoming a business owner starts here.

Price Point

Total Sales: $3,580,214 Cash Flow: $1,293,552 FFE Included: Yes FFE: $50,000

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