Automotive Accessories Business For Sale
Location New Mexico,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2000000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1985
Number of Employees 10 - 19
Inventory $146,000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Very experienced staff plus will to work with buyer for months.
Reason for Sale Age and health.
Description We sell automotive excitement!
Over 25 years in business selling and installing automotive accessories for auto dealers and the public. We have an extremely broad scope of products and services - adding both style and function to trucks, cars, jeeps, SUVs and crossovers including: sunroofs, leather interiors, body styling kits, spoilers, grills, moldings, graphics, window tint, clear bras, alarms, tracking systems, entertainment DVDs, navigation, stereos, speakers, amps, satellite radio, cruise control, electric door locks and windows, running boards, tube steps, bed liners, floor mats, bumpers, grill guards, tool boxes, headache racks, vent visors, suspension lifts, lowering kits, leveling kits, alignments, wheels, tires, and hundreds more unique and exciting products.
Our staff members are extremely knowledgeable with an average tenure of over 12 years. We have relationships with over 60 car dealers and are the preferred source for aftermarket products and installation services. Our retail customers come from New Mexico, Southern Colorado, and West Texas.
Our gross revenue during this severe recession has been approximately two million dollars annually while operating in the black. Owner wishes to sell due to age and health but is willing to work along side new owner insuring a smooth transition and knowledge transfer. Our financial records are in impeccable order and our basis of accounting is accrual following GAAP standards. Inventory is very market centric and accurate with approximately 11.5 turns a year. Equipment is well maintained with some new purchases in past 18 months. We operate with a state of the art windows based point of sale, inventory and accounting system that is used by national retail chain stores.
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