$2,500,000
Automotive Parts
- Status: Expired
- Price: $200,000
Description
$80,000 NET PROFIT
Selling Turnkey Business for Retirement
This online retail business concentrates on specialty automotive parts. The owner works part-time with no employees and no rent. The owner claims that there is a good sales mix with no dead inventory. The owner also claims that besides from picking up the inventory, this business is turnkey. Established in 1988, this business has an organically high SEO rating with no additional marketing. The company has been established as a resource and provider in many car manuals. Business operations are kept simple and there is a lot of opportunity for growth and optimization.
Per P&Ls.
2020 Gross Income—$186,687 Net Income— $46,837
2021 Gross Income—$192,266 Net Income— $93,641
2022 Gross Income—$161,041 Net Income—- $72,224
This business is ideal for someone who is ready to be their own boss and is looking to buy an already established e-commerce store that has proven its income or an existing business owner interested in expanding their current e commerce business. The owner claims that there is $250-300k in equipment and inventory. The final purchase price of the business will be adjusted to include the book value of all existing inventory and equipment at the time of sale. Business comes with Lista cabinets to hold inventory. The business is built on Shopify. The owner claims that he hasn’t done any email marketing but there is an available database of customer information for marketing purposes if the buyer chooses to use it.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Automotive
License(s) Required:
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4301
Date Available:
08/23/2023
Reason For Sale:
retirement
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- 80,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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