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Automotive - #5246

Des Moines, Iowa (Polk County)

Services - Auto Repair, Parts & Svcs

Asking Price $475,000 Inventory $200,000* 
Gross Income $703,376 Real Estate $175,000* 
Cash Flow $88,411 Year Established 1980
FF&E $92,615* Employees 2

* included in the asking price

** not included in the asking price

AUTOMOTIVE: Fabricator / rebuilder and seller of auto parts to dealers and wholesalers in the stock race car industry. Principal products are rear ends (see material included). First step buys cores, then disassemble and clean them, next sent out for sandblasting and then cleaned again. Assemble them which requires purchasing gears, bearings assembly kits and spools. Finally assemble and set up bearing preloads and clearances and paint them. Does other steel fabricating on custom basis (e.g. race cars) and sells specialized fuel stored in tanks on premises. Located near major metropolitan area, in Central Iowa.

Financing: No

Support/Training: Owner is willing to assist the buyer with the transition of operations after sale.

Reason Selling: Retirement

AD # 349191

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