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Performance Parts Store For Sale

Not Disclosed, South Carolina, US
Asking Price:
$850,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,978,603
Cash Flow:
$253,352

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.

Property Information

Real Estate:

Lease

Premises Details:

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.

A notable feature of the leased facility is the ample parking space available for both customers and staff. This accommodation enhances accessibility and convenience, facilitating a positive experience for clients visiting the retail front or bringing in vehicles for repairs. The provision of sufficient parking aligns with the business's commitment to customer satisfaction and operational efficiency. Overall, the location and setup of the leased facility contribute significantly to the business's accessibility, functionality, and long-term prospects, creating a conducive environment for both customers and the internal operations of the business.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Owner Retiring.

Trading hours:

Mon-Fri 9am-6pm; Sat 9am-2pm

Employees:
1 FT/2 PT
Years established:
19

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Financing available:

Lender pre-screened with $85K down.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$300,000 - included in the asking price