THE BUSINESS:

This Internet-based relocatable business is a very profitable re-builder of uniquely selected car parts. It sells mostly through the Internet and E-Bay, through various car exhibitions that appeal to classic and “muscle car” owners, and enjoy lots of “repeat business”. It is an Internet, mechanical oriented mail order sales/ distribution business that is easily learned, relatively undemanding in time commitment - not full time now – and needs only 1700 square feet for operations. The buyer should have a zest for classic autos, good business senses, and a “hands-on” comfort with the items. The quality products are brand named car installed items that appeal to lovers of “special cars”.

WHY BUY? 

• Well Established with Great Profitability

• Heavy Internet, E-Bay and repeat sales

• Easily Relocatable – 1,700 square feet required

• Modest part-time Workload for owner

• Consistent Growth History and Much Potential

• Cash &Credit Card = Tiny Working Capital need

• Established Niche in automotive specialty Markets       

• Easily Learned process and procedures

• Potential via expanded products and promotion

• Ideal for a youthful retired couple or young entrepreneur

FACILITIES and EQUIPMENT:

The current operation is in a 1,700 square foot warehouse type structure, with a shipping/receiving area, a small paint and assembly area and a basic machine shop with drill press, lathe, cleaning equipment and modest welding capability. There is a small office with computer, printer and “800” phone. A commercial receiving/shipping firm does distribution. A $95,000 plus inventory occupies about 400 square feet in racks at the home facility and a freight forwarder distribution center.

OPPORTUNITY for GROWTH:

This is a classic chance for a “car person” to acquire and grow an established, profitable, Internet business with a unique niche. The skill needed for marketing (i.e. website maintenance, auto show attendance and order processing) and production (part handling, overseeing modest shop work and repainting) is straightforward and need only light mechanical acuity. The business, product line and shop basics easily learned (and will be taught by the selling party). A diverse inventory of rare older vintage parts offers support for continued product sales. A part time, essentially cash business that is readily moved and offers superior returns.

 FINANCIAL:

This cash business in operation over a decade needs only modest working capital. Good profitability offers above average ROE (60%+). Until F/Y 6/30/2007, the finances were merged with another operation that has had been an increasing focus for the owner. 2007 reflected that diversion and diminished marketing activity. Assets include a product inventory valued over $95,000, shop equipment and tools and materials, and basic office equipment. Pro-forma reflects facility rent, increased promotional expense to previous levels, but no third party distribution costs nor owner’s take out.

SUMMARY TERMS and PRICE:

An imaginative new proprietor can easily relocate to a location convenient to his current lifestyle with moderate investment of time, money and part time ongoing effort, and expand to greater profits. The business’s tangible assets being sold include equipment, software and substantial inventory (estimated at $ 95, 000, and subject to price adjustment), as well as customer lists, etc and goodwill – but not cash, A/R or A/P. The assets and business are offered at $ 298,000 to a buyer who can invest $ 80,000 and merit bank financing. The HIGHLY MOTIVATED Seller will assist training and transition/ relocation assistance --- and a quick purchase is possible.

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