Wholesale Automotive
Paint Distributor, Very Profitable
Gulf Coast Area, Alabama
Financials
Asking: $330,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $100,000
Inventory: $120,000
Gross: $662,885
Cash Flow: $74,012
Summary Description
This business has a long and successful history as a wholesaler of major brand
name automotive paint, mixing systems and custom finishes to a loyal customer
base.
Bucking the trend, the firm's revenue was up by $120,000 in 2009.
The seller is so sure of the continued success of this business that he is
willing to consider financing a portion of the investment for a qualified buyer
with an adequate down payment.
The company's high performance paint lines includes primers,
clearcoats, hardeners, reducers, toners, mixing systems and painting supplies.
Customers include new and used auto dealers, repair shops and body shops. The
business is located in an attractive building with easy access to major
highways at a most reasonable rent of $1,800 per month.
Advantages of investing in this business include: (1) An
established and growing customer base. Two new high volume customers which will
add approximately $85,000 per year in revenue have just been added, (2)Trained,
long-term employees already in place, (3) Exclusive distribution rights on
quality paints and products, (4) Excellent facility for the work flow,
conveniently located, (5) Positive cash flow from day one, (6) Located in an
area predicted by Moody's Investors Service to have one of the fastest economic
growth rates in America over the next five years and (7) Thorough training of
the new owner by the seller in all aspects of the business, plus extensive
training by the company's vendors in the product lines.
For further details on this opportunity, please call or email
William Bruce at (251) 990-5910 or WilliamBruce@bellsouth.net. A
confidentiality agreement and personal financial statement are required, which
can be emailed to you. We appreciate your interest and look forward to hearing
from you.
General Information
Facilities: The business is located in a modern, well designed and
attractive building with easy access to major highways at a most reasonable
rent of $1,800 per month.
About the Sale
Financing: Negotiable
Support/Training: The seller is committed to a seamless transition and
will thoroughly train a new owner in all aspects of the business including
introductions to the customer base.
Reason Selling: Retirement due to health issues.
Contact Information
William Bruce
Sunbelt Business Brokers
Phone: 251.990.5910
Write: