Three Automotive Parts and Supply Companies in Santa Cruz County

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

19,288

Lease Expiration

31/12/2028

Employees

30

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

3 separate facilities. Inventory valued at $2,600,000 is not included in the price but can be negotiated to be included in addition to the asking price. Santa Cruz location is 9,688 sq. ft. with a new, negotiated 5-year lease with 2-5 year options. The Real Property at the Santa Cruz location may be included in the purchase for an additional $2,600,000. Capitola location is 5,000 sq. ft. with a new, negotiated 5-year lease with 2-5 year options. Watsonville location is 4,600 sq. ft. existing lease expires 2/29/24 with 2-5 year options.

Competition

Long-established businesses. Kelley's Service was established in 1950 +/-. Mid County Auto Supply was established in 1969 +/-. Townsend's Auto Parts was established in 1965 +/-. 3 store locations add to the competitive value in the marketplace.

Growth & Expansion

Current business has grown from the initial location in Santa Cruz to an additional, two other stores (one in Capitola and another in Watsonville) strategically located throughout Santa Cruz County.

Financing

Buyer to obtain financing. No seller financing offered.

Support & Training

General Manager and other store managers are willing to train and/or remain employed at each location.

Reason for Selling

Corporate owner/shareholders would like to retire from business.