Performance Parts Store For Sale

South Carolina
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Asking Price:$775,000
Gross Revenue:$1,978,603
FF&E:$5,000
Cash Flow:$253,352
Inventory:$300,000
Established Year:2004
BUSINESS 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.


DETAILED INFORMATION
Location
South Carolina
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
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 & Expansion
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
Lender pre-screened with $77K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Owner Retiring.
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Jesse
Stone
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Jesse Stone