Automobile Parts Distributor For Sale Big Savings

Business description

This very successful auto accessories wholeseller (distributor) company located in Toronto. We import accessories directly from manuafacturers in Asia including China, Taiwan and Korea. Comany was found in 2002. We have more than 200 local autoshops customers. We do part of retail as well.

We has wonderful system to manage it running well. Including accounting, logistics, online shopping, customer managing, sales managing, suppliers managing,etc. You will make everything well by couple employees.

FAQs I received from other potential buyers:
Is your management software custom developed or is it an off-the-shelf product?
-->It is custom developed.


Was the business started as a limited company?
--> From 2002 to middle of 2004, it was Sole Propristorship. Then cooperated from July-2004.

What will be included in this sell? And what are their values?
-->Inventory products (about $5000 at this time, it might be less or more later), website(worth $2000), $15 monthly amazing priceworth $800,), custom management software(worth $8000), furnitures(counter desk, 5 small office desks, worth $3000), computers(2), custom car audio display board($1500), meeting room equipments($500), current customers information, suppliers information, trainning.
These equipments and informations above are total $21,800. It saves you much time/money to start auto business.

What are your expenses?
-->>Expense is small thing. Monthly rental is $1200, utilities/gas: $160, yellow page:$130, website: $35/month, toll free: $15/month, telephone/fax/internet:$140.
Total above is $1680 every month.
Payroll is depent on how many employee(s) you are going to hire. I would recommend from beginning, you hire one full time in store sales person(That could be yourself also), one to two outdoor sales(commissio only).

How about the type of business you are selling,
-->>It is auto accessories distributor and retail business.

what you’re selling,
-->> Auto accessories. You can get our products information on our website. Also, you can bring in more products you think they are popular on market.

where your client base is,
-->> Our clients are local auto shops/garages. We supply them auto accessories. Wholesale is about 70% of sales, retail is about 30%. Beside this, labour/ installation is an extra income.
You can find our advertisement on North York and Scarborough yellow pages in the past 3 years. Also, if you enter "toronto car dvd" in google, our website is on top 5 companies. Or you can try "toronto car alarm", "toronto compustar", etc. Any product we sell are on top engine search result. We are well known in Toronto area.

can it be re-located,
-->>yes, but I recommend you keep it running on current address because we have advertisements already. I was planning to advance market on chain stores. But I have to go back to China to take care of my parents.

what kind of profits are you generating?
-->I dont really understand this question. I am trying to answer this as below.
Profits are 70% by wholesale. 30% by retail. We import products directly from manuafactuers in Asia. Our cost is very low. Margin is more than 120%. For example, one regular car dvd, cost is $70. We sell it $140 for wholesale, or $190 for retail. Beside this, labour/ installation is an extra income. We have more than 200 autoshops customers, they can do installation for our retail customers. You can make extra profits by labour/installation.


Who is the competition?
--> So far, as I know, only 3 companies are our competitors in Toronto area distributing electronic accessories. You can do some research on Google. There are around 80 retail stores doing retail regarding auto accessories. But there are million cars in this city.

Is there training included?
--> Trainning will be included:
1. How to use our management software: accounting,sales, inventory, online shopping, wholesale orders, shipping, purchase order directly to manuafactures.....this is major part I need to train you. Because 90% are paper works. You shall only need couple employees with this system.
2. How to contact manuafactuers in Asia.
3. Exclusive agreements with manuafactureres in Canada area. that protects your market.
4. Connect with current clients.

Property information

Real Estate:

Lease

Lease terms:

3 years

Location:

Toronto

Other information

Expansion potential:

I suppose to advance market on chain stores. But I have to go back to China to take care of my parents.

Competition / Market:

There are only three distributor in Toronto selling accessories. There are around 80 retail stores doing retail regarding auto accessories. I guess you can find 60% of them on Yellow Page. But there are million cars in the city. Market is big enough.

Support & training:

1. How to use our management software: accounting,sales, inventory, online shopping, wholesale orders, shipping, purchase order directly to manuafactures.....this is major part I need to train you. Because 90% are paper works. You shall only need couple employees with this system. 2. How to contact manuafactuers in Asia. 3. Exclusive agreements with manuafactureres in Canada area. that protects your market. 4. Connect with current clients.

Reasons for selling:

I go back to China to take care of my elderly parents.

Trading hours:

10-6

Furniture / Fixtures value:

$15,000

Inventory / Stock value:

$6,000

Website:

www.mocis.com

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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