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Commercial Automotive Parts Distributor for Sale

Listing ID:
VANCOBC002-N315

Confidential, Alberta, Canada

Automotive Parts and Accessories Stores

The following broker is assigned to this listing:

Byron McDonald

bmcdonald@pacificbusinessbrokers.com

Description

Located in Central Alberta since 1984, this well established and profitable automotive parts distributor has grown to become the leader in the region. The company services a large established group of customers that includes automotive, Truck, and Agricultural repair shops, as well as municipal fleets, commercial fleets and the general retail marketplace. Specializing in stocking a large selection of inventory for fast customer delivery, this under pins one of their most well-know reputations and competitive advantages in the marketplace. This company has an opportunity for growth by hiring additional outside sales staff and by expanding direct outside sales coverage to the surrounding communities. The new owner can also capitalize on this business by continuing to build the online website sales business and by expanding the online customer base throughout Canada. The price of the business including working capital of $302,000, which includes $245,000 of normal inventory, and goodwill, is $695,000 with an implied multiple of weighted cash flow of 2.5 times. The Vendor carries additional inventory, as a competitive service level, averaging an additional $590,000. The price for the retail store and warehouse building including .6 acre of real estate is $800,000 for a combined total Asking Price of $2,085,000. For more information, please contact the Pacific broker Byron McDonald at 604 696 6111 or send an email to bmcdonald@pacificbusinessbrokers.com

Financials

Asking Price:$2,085,000
Revenue:$1,500,000
Cash Flow:$270,000
Downpayment:$2,085,000
Monthly Payroll:$0
FF&E Asking Price:N/A (Included in Asking Price)
Inventory Asking Price:$835,000 (Included in Asking Price)
Financing Available?No

Property

Asking Price:$800,000 (Included in Asking Price)
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1984
Year Acquired:
Full-Time Employees:5
Part-Time Employees:N/A
Reason For Sale: