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Profitable E-commerce Car Parts Business For Sale

Rigas, Latvia
Asking Price:
€1,850,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€1,062,195
Cash Flow:
€500K - €2.5M

An e-commerce one-stop shop for classic cars is now up for sale to a lucky buyer looking to take on a business that has enjoyed success for several years.

Founded in 2015 with only €1,400 [$1,516].
In 2021 Total Sales is 1'062'195 EUR [$1'200'280] and profit is 285'615 EUR [$322'745].

It now comes with a 400m2 (3,500 sq. ft) warehouse & office space with plenty of potential for a new owner to build on its success. The market segmentation brings a variety of clients to your door:
- 52% USA
- 24% Europe
- 4.5% Canada
- 19.5% rest of the world.

When you buy our business, you can:
1) Use the current warehouse & office space, hiring local people (most of whom speak English & Russian) and you can run the business remotely.
2) Fully and painlessly relocate to any place in the world (no extra cost for stock relocating).

Another major element is our low-cost air transport delivery service provider with full tracking + (B2C) and max. size two meters in length. These terms are for all worldwide shipments.

Though we are selling this business to enter a new chapter in our lives, we sincerely hope that the new owner(s) cherish this company and help it grow. The vintage car industry is in high demand and this business deserves to reach its fullest potential.

Benefits:
- A wide known brand name in the classic car community.
- Valuable contracts with manufacturers, suppliers and delivery service providers.
- Social media: home page/web store, Ebay account, Facebook, Instagram.
- Stock with a wholesale value of approx. €265,395 [$299,896].
- Unique and high in demand molds for rare European market specific car parts (mold manufacturing cost was approx. €45,000 [$50,850] for approx. 90 pieces).
- Business owner financing of up to 50% from total purchase value.
- In-house developed warehouse system which allows for easy stock management, restocking, product picking and sales price estimating.
- Warehouse/office in logistically advantageous location in Europe. (If you choose to fully relocate the business, then the warehouse/office can be removed from the business package, therefore reducing the sales price by €100,000 [$113,000].

This is a fantastic opportunity for a buyer(s) to take on an in-demand and highly respected vintage car business that is ready to skyrocket over the coming years!

For more information about this business, please contact us on this page.

Property Information

Real Estate:

Real Property Included

Location:

Online shop. Warehouse in Europe or fully relocate business to any place in the world.

Premises Details:

Warehouse and office size 400 m2 (3500 sq. feet) with Land plot 1250 m2 (13455 sq. feet)

In-house developed warehouse system which allows for easy stock management, restocking, product picking and sales price estimating.

Size in square feet:
3,500

Business Operation

Expansion Potential:

Business is growing annually 20-25% and looking on business tendencies and potential, it will keep growing by 20-25% annually.

Competition / Market:

Our business has a completely different approach to the market compared to our competitors. We offer the one stop shop solution where the customer can source all of the needed parts for his car in our shop. We specialize in conversion and upgrade parts not wear and maintenance parts.

We are strongly ahead of our competitors as we have the free worldwide shipping for all of our products- our client can be located anywhere in the world and not worry about excessive shipping and handling costs.

Reasons for selling:

Business has outgrown the family business status and now will need to hire additional staff to keep expanding the business (due to the high customer demand).
Also the owner has recently had a newborn child,and wants to spend more time with his family.

Trading hours:

24/7

Employees:
5
Years established:
6

Other Information

Support & training:

All about our business, we are ready to give all our knowledge about this business to buyer.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

50% down payment (is minimum) and we can agree on terms for the remaining <50%.

Furniture / Fixtures value:
€10,000 - included in the asking price
Inventory / Stock value:
€265,395 - included in the asking price
Website:
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Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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