Listing Number: 86715-438304
Description
**Price Reduction!** The sales price has been **reduced by $300K** and includes both the business and the owner-occupied real estate.
### Overview
This is a unique opportunity to acquire a family-owned, well-established, and profitable auto parts and repair business that has been a cornerstone of the community for 85 years. Along with the owner-occupied real estate, this business is located in a prime spot with excellent visibility and interstate access.
### Key Highlights
- **85 Years of Excellence:** A long-standing business with a rich history and a loyal customer base.
- **Prime Location:** High visibility and easy interstate access, attracting a steady flow of customers.
- **Spacious Facility:** Ample workspace to accommodate up to 18 autos and trucks simultaneously.
- **Consistent Growth:** Revenues and profitability have been trending upwards year after year.
- **Skilled Workforce:** A dedicated and experienced team is in place to support operations and sales.
### Financials
- **Price Reduction:** The sales price has been **reduced by $300K** and includes both the business and the real estate.
- **Included in Sale:** Operating fixed assets and accounts receivable.
- **Real Estate:** The property is included in the total price, offering a complete package for the buyer.
- **Proof of Funds:** All potential buyers must provide proof of funds and/or undergo a background review.
### Ideal Buyer
While the seller prefers a buyer with experience in the auto parts and repair industry, it is not a prerequisite. This opportunity is suitable for anyone with a similar skill set or an interest in the industry.
Listing Details
- Price: $ 2,700,000
- Down Payment: $2,430,000
- Sellers Discretionary Earnings: $ 315,000
- Total Sales: $ 2,097,587
- Location: Jefferson County, Alabama
- Inventory: $ 837,233
- FF&E: $ 368,000
- Employees: 11
- Year Established: 1940
- Reason for Selling: Retirement
- Category: Automotive
