Retail & Obsolete Engine Parts Business For Sale

Business description

This company stocks engine parts for cars, trucks and tractors made from the 1930’s forward. Many parts now are obsolete. When an owner of any type of these vehicles needs these hard to find parts they most likely will find them here. The longer the parts are in inventory, the more valuable they become. This is a strong margin business and there are only a handful of people in this business throughout the country. They enjoy a very large and loyal customer base with a captive market for obsolete parts. This business employs a loyal staff of highly skilled machinists with the equipment on-site to rebuild engines. They have a total of 78 years of networking from its original start in 1930. The future for this industry is excellent as there are few specialists who operate at this level. The current owner will stay on through a reasonable transition period to acclimate you to the business, the employees and the clientele. Call now for more information about this exciting business opportunity.

Property information

Real Estate:

Real Property Included

Location:

There are 3 buildings totaling 24,000 sq. ft. that are situated on approximately 1 acre and are all in good overall condition, and are owned and included in the sale. The facility is located on a city street in a high traffic area with good visibility. The location is easily accessible to major interstates covering both east-west and north-south arteries. The business can be relocated.

Other information

Expansion potential:

Growth and Expansion can be obtained by hiring additional staff for outside sales, adding an installation shop and by capturing national accounts by offering national discounts. By expanding their website with more emphasis on marketing of obsolete engine parts, and advertising to the trade this can increase sales revenues.

Competition / Market:

There is very little competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement

Financing available:

There is some owner financing possible for the right buyer.

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$2,000,000 (included in the asking price)