Commercial Automotive Parts Distributor Business For Sale
Location Alberta,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $1500000
Net Profit / Cash Flow $270000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 4 - 5
Inventory $835000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Other business interests.
Description Located in central Alberta since 1984, this well established and profitable automotive parts distributor has grown to become the leader in the region. The company services a large established group of customers that includes automotive, truck, and agricultural repair shops, as well as municipal fleets, commercial fleets and the general retail marketplace. Specializing in stocking a large selection of inventory for fast customer delivery, this under pins one of their most well-know reputations and competitive advantages in the marketplace. This company has an opportunity for growth by hiring additional outside sales staff and by expanding direct outside sales coverage to the surrounding communities. The new owner can also capitalize on this business by continuing to build the online website sales business and by expanding the online customer base throughout Canada. The price of the business including working capital of $302,000, which includes $245,000 of normal inventory, and goodwill, is $695,000 with an implied multiple of weighted cash flow of 2.5 times. The vendor carries additional inventory, as a competitive service level, averaging an additional $590,000. The price for the retail store and warehouse building including .6 acre of real estate is $800,000 for a combined total asking price of $2,085,000.
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