Established Auto parts Business located in the City of Opa-Locka
Asking Price: | $625,000 |
Gross Revenue: | $693,064 |
FF&E: | $124,000 |
Cash Flow: | $214,695 |
Inventory: | $2,700,000 |
Established Year: | 2020 |
Established Auto parts business is located in the city of Opa-Locka, northwest of North Miami Beach FL. Business model: the company purchases two-three year old cars at auctions, completely dismantles them for parts. The parts are photographed, cataloged, tagged, coded and stored at the 6,000 square feet warehouse.
All parts are placed for sale on eBay and Car-Parts Inc, websites, there are some sales done from the warehouse. Currently there are about 43,000 parts with the retail value of $2.7M on the shelves at the warehouse. 4 full time W-2 employees, one manager. The company has a dealer license to purchase cars at auctions.
Good records, the owner is retiring, and ready to pass the business to the new generation.
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