For over 55 years this company manufactured and distributed a complete assortment of automotive related products. Their products are sold to wholesalers, service and repair shops, and the sales, parts and service departments of car dealerships across the U.S. I’m sure you’ve seen their gear used at your local repair shop.
The business serves both its wholesale and retail customers. From their wholesalers, the business receives orders from purchasing agents when inventory runs low or to fulfill a custom order; most orders are shipped within 24 hours. For the auto dealers and repair shops, they receive orders directly on their website, via phone calls, or via email when the customer's product inventories are low. Most products are consumables and enjoy a predictable reorder rate. The business is recession resistant: a working car is essential.
The owner has reached retirement age and is looking for a successor to take the business to the next level. The business is profitable "as-is", but there are plenty of ways to increase sales. Reinstate the practice of visiting clients face-to-face. Increase selling via social media campaigns to connect with younger automotive customers. Most independent garages and body shops aren’t solicited – implement a focused marketing campaign to get their business.
This company checks most of the boxes our buyers are looking for – repeat business, straightforward to operate, recession resistant, with a well-diversified client base and plenty of growth potential. If you’ve been looking to become an entrepreneur in the automotive industry, this might be the perfect opportunity for you. Reach out to the Agent today!
