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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Clinton, NJ 59 Old Highway 22 Clinton, NJ 08809 (908) 735-6357 www.vrica.com vr4061@vrbusinessbrokers.com |
VR Business Brokers - New Haven CT 941 Grand Ave 2/F New Haven, CT 06511 (203) 772-3773 www.vrnutmeg.com jeff@vrnutmeg.com |
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Business Listing Details |
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LISTING#: |
I0800: Automotive Aftermarket Automotive Parts Remanufacturing |
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LOCATION: New Haven County |
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ASKING PRICE $225,000 |
AMOUNT DOWN $225,000 |
REVENUES: $290,643 |
DISCRETIONARY EARNINGS $116,703 |
TOTAL ASSETS $33,430 |
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| An anticipator of the Green movement, this company takes broken equipment and reconditions it to be like new. The company, founded in 2004, is a remanufacturer and distributor of automotive, marine, and industrial starters and alternators. Customers include dealerships, gas stations, repair facilities, parts stores, and individuals. The business model allows it to be the low cost source in this niche market of the automotive business. The economics of the business allow it to thrive in recessionary periods as well as in a growing economy. Controlled overhead and demonstrated growth make this an excellent opportunity for the entrepreneurial individual who wants to buy a growing business. The current owner of this business does very little advertising, and his business has grown through word of mouth and calling mainly on gas stations. New sales representation in the New York metro area has resulted in significant sales growth for 2009. All equipment and training will be provided by the owner. The business was started here in 2004, and sales have grown each year with excellent potential for continued growth. Everything needed to run the business is in place. Vendor pricing has been researched and parts are being purchased at the best prices possible for maximum profitability. The new (Aug/2010) location is clean, well lighted, with heat and central A/C. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |