Tupelo Data Room
Equipment Rental & Dealers, Other Automotive & Boat
Active

Performance Parts Store For Sale

South Carolina, United States
Asking Price$775k
Revenue$1.98m
EBITDA-
Cash Flow$253k
Description
This business serves as a comprehensive hub for all performance-related needs and truck accessories. Specializing in an extensive range of street, racing, and truck equipment, the company distinguishes itself by maintaining a diverse inventory to accommodate a variety of project requirements. Emphasizing customer satisfaction, the business commits to sourcing specific items that may not be readily available, showcasing a dedication to meeting clients' unique needs. Beyond its product offerings, the business stands out by providing performance services and installation, positioning itself as the exclusive true performance shop in the area. Going beyond traditional retail, the company offers expert services to enhance and optimize vehicle performance. This dual focus on product availability and specialized services positions the business as a trusted partner for automotive enthusiasts and project aficionados, solidifying its reputation as a go-to destination for performance-related needs in the region. The business's all-encompassing approach to the automotive market, spanning a wide array of products and services, underscores its commitment to being a comprehensive solution provider. Consequently, the company has established itself as a reliable resource for individuals seeking not only high-quality performance parts and accessories but also expert services to bring their automotive visions to fruition.
Real Estate
Leased
Building Size: 7000 sq. ft.
Furniture Fixtures & Equipment
$5k
Inventory
$300kIncluded in Asking Price
Number of EmployeesFull-Time: 3
Year Established
2004
Reason Selling
Owner Retiring.
Facilities & Assets
Situated in close proximity to a city center, the business operates from a leased facility where the owner has successfully secured the option for a long-term lease with the landlord. The facility is strategically designed, comprising a retail front, storage area, and repair shop, catering to diverse aspects of the business operations. The well-thought-out layout allows for efficient management of inventory, seamless customer interactions in the retail section, and the provision of repair services in the designated shop.
Support & Training
Will train for 4 weeks @ $0 cost.
Market & Competition
The business enjoys a distinctive edge in its local market, characterized by limited competition. Setting itself apart through a strategic combination of exceptional product offerings, unparalleled customer service, and a commitment to innovation, the company has emerged as the premier destination for automotive enthusiasts in the area. Beyond the absence of direct competitors, the business actively shapes the market by consistently delivering high-quality products and services, fostering strong customer loyalty.
Growth Opportunities
The Company has identified several areas for growth: expanding its service area into a fully operational garage (potentially doubling the revenue of the business), expanding e-commerce, PPC advertising, and updating the website.
Financing Options
Lender pre-screened with $85K down.
Asking Price$775k