Retail Auto Truck Industrial Tools Supply Repair In Florida For Sale

Business description

This wonderful retail establishment started in 1978 and was purchased by the existing owners in 1991. They offer sales, service & repair of professional grade tools for trucking, ship repair and the construction industries. They offer solid cash flow for a new owner and have never had a loss in their many years of business. They have a very good reputation with professionals in the industry and have a long term customer base. This business offers tools and supplies for auto, truck, industrial and constructions businesses as well as individuals. They also have a factory authorized tool repair service on most major brands of electric and air tools. Call today for more details!
This fine business has a customer base with 99% being either mechanics or equipment professionals that use equipment on a daily basis. Business and city licenses are required to operate this business. This company holds many manufacturer agreements for sales and repair, as well as dealer agreements. It is owner operated and the owner has hit the age of retirement. This company supplies and offers repair services of tools to businesses, government, mechanics, that use tools on a daily basis.
All equipment and inventory are included in the sale. Also there are 2 vehicles included. '02 f-150XL pick up and '96 ford explorer, both are in good shape.

Property information

Real Estate:

Lease

Premises details:

Located on 1.1 acres of land. The 10,000 sq ft building was built in 1950 and in good overall condition. The building includes 3 offices, 2,600 sq ft storage, 3,600 sq ft shop plus a staff room for the staff. It is in a good location with high traffic and easy access in the industrial part of town. Current location is perfect, high traffic area, easy to find, centrally located, easy on/off near major express way. Also, the business has been located in same location for 30+ years. The property is owned with option to lease, lease to own, or buy. The owner is open to 10% down for the lease purchase scenario.

Business Operation

Expansion potential:

Expansion and growth could be obtained by making sales call, expanding advertising, and promoting factory authorized tool repair facility. An ambitious new owner may also consider opening up another location.

Competition / Market:

There is little competition. This business has a great reputation with professionals and is well known for offering quality service with a competitive price. Long standing reputation for quality service and tools at reasonable prices.

Reasons for selling:

Owner is wishing to retire.

Trading hours:

M-F, 7:30am - 5pm

Employees:

8 FT, 1 PT

Years established:

1978

Other information

Support & training:

Owner will stay for a reasonable transition to acclimate new owner to area, business and clients. Also he is willing to stay on in some capacity after the sale if a new owner so chooses. A management team is in place, employees will most likely stay after the sale. There is also 1 independent Contractor.

Furniture / Fixtures value:

$200,000 (included in the asking price)

Inventory / Stock value:

$650,000 (included in the asking price)

Website:

www.intlag.com/

Relocatable:

This business can be relocated.