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Vehicle Accessories & Upgrading With Property Included! (37956) For Sale

Daytona Beach, Florida, US
Asking Price:
$2,100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,304,424
Cash Flow:
$170,530

Established in the Greater Daytona Beach area, the business provides specialized installation, service, and repair of lift kits, bumpers, wheels, and tires, plus quality lights, train horns, gears, lockers, and other accessories. Centrally located in an attractive, high-traffic region, the company caters to popular Jeep, truck, and SUV enthusiasts thanks to their well-kept shop that comes fully stocked with a new lift, OEM materials, and aftermarket parts. The company is recognized as a reputable location with no individual consumer representing more than 3% of the annual income, making a low risk for client concentration. The prime 13,000 square foot repair facility that contains a showroom floor and office spacing. There are five working bays with four 2-post lifts and one 4-post drive on lift, two overhead doors, and a storage area that could be used for more shop space. Currently being remodeled to include rental income, the property comes included in the Asking price, is found in fine condition and zoned to handle added capacity, optimizations, and tactical expansions. The seller will retain the A/R and transfer a debt-free business to the new owner. Gross Projections for 2023 reach up to $1.5 Million, after Revenues in 2022 total $1,304,424 alongside Discretionary Earnings of $170,530 and EBITDAs of $127,999. The industry-experienced team of seven employees includes a cross-trained salesperson groomed for leadership duties, is likely to continue owner- involved operations after a standard transitioning period. Their maintained website, engagements on socials, and internet efforts promote products, along with print media, advertising programs, and verbal referrals from a large and repeating customer base stretching back four decades. Call IAG today!

Property Information

Real Estate:

Real Property Included

Location:

Property valued at $1.8 Million comes included with the Asking Price!

Size in square feet:
13,000+/-

Business Operation

Reasons for selling:

Plans to retire and travel.

Trading hours:

Monday to Friday 8AM - 5PM and Saturdays from 9AM to 2PM.

Employees:
7 nonunion.
Years established:
Started in 1986; Acquired 2004.

Other Information

Support & training:

Cross-trained salesperson groomed for leadership is likely to continue owner- involved operations after a standard transitioning period.

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

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$125,000 - included in the asking price