Auto Parts Distributor Selling For Only 80% of Inventory Cost

City of Industry, CA
Asking Price:$100
Gross Revenue:$335,000
Rent:$3,000/Month
Established Year:1977
Cash Flow:$50,000
Inventory:$160,000
FF&E:$10,000
BUSINESS DESCRIPTION

Great Opportunity To Purchase a Great Business

This business was established in 1997, to sell auto parts (radiators, AC condensers and AC compressors...) to auto repair shops, auto body shops, parts shops and dealerships repair shops, in the LA area (mainly San Gabriel valley).
This business is still relevant today despite no advertisement for decades. This is the perfect opportunity for someone to start their foray into this business with an established inventory at a discounted price. I am looking to sell as I am retiring from the business and moving.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
45,000
Lease Expiration
31/12/2024
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business is run from a office/warehouse combination in city of industry. The current leased space includes 2 office rooms, 2 bathrooms, and a basic sink/fridge area with warehouse in the back. The lease is not included in the price of this sale. You may continue the lease at your leisure or take the inventory and move.
Financing
no
Support & Training
We will provide limited training to the buyer.
Reason for Selling
retiring and relocation

BUSINESS LOCATION
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William Deng
William Deng