| Asking Price |
$65,000 | Inventory |
$49,850* |
|---|---|---|---|
| Gross Income |
$89,682 | Real Estate |
|
| Cash Flow |
$22,162 | Year Established | 1985 |
| FF&E |
$14,000* | Employees | None |
* included in the asking price
** not included in the asking price
This company sells fastener systems (bolts, nuts, threaded rod, washers, screws, rivets), electrical supplies (cable, wire, terminals, insulation, tie straps, buss fuse products) and fittings (brass, steel, clamps) to auto body repair shops, auto repair garages, truck and heavy equipment dealers and repair shops, auto dealer maintenance departments, and maintenance departments of manufacturing and process plants. Sales geography covers the Boise-Weiser territory with some customer accounts in Pocatello and Rexburg. The owner calls on all accounts routinely, restocking product and upselling as needed. He is away from home two nights each month. His large stock of inventory gives him a competitive advantage over the competition, enabling him to offer same day delivery on most orders. The successful buyer does not need immediate knowledge of the automobile industry. The owner will provide 60 days of training at no extra charge, teaching the new owner what he/she needs to know about product and clients. This is an excellent first-time business with tremendous upside selling at asset value. Main assets include all customer lists and records, office furniture, 4 filing cabinets, bolt tester, fax machine, copier, inventory shelving, and office computer system. A computer program that tracks inventory and provides pricing & profit margin options is included in the sale. Inventory is valued at approximately $49,850. Inventory is 750,000 screws, bolts, nuts, fasteners, fittings, washers, rivets and wire used on all automobiles. All inventories are organized and labeled. Wholesalers will give credit for unsold/obsolete inventory, so the owner is never stuck with old inventory. A computer and computer program that tracks inventory and provides pricing & profit margin options is included in the sale. Total asset value including inventory is estimated at $63,800.
Facilities: Inventory is housed in a shed on the owners personal premise. The owners work out of an office in their home. Inventory will have to be relocated by the successful buyer. This business can easily be run out of someone s home office and garage, or space can be leased if one prefers. It can be relocated to anywhere in the Treasure or Magic Valleys without a drop in clients, as clients rarely travel to this place of business.
Competition: Customer service sets one apart from the competition in this business. Since parts wholesalers do not offer exclusives, distributors differentiate themselves on price and customer service. This business has an exhaustive inventory of parts, enabling it to offer same day delivery to most customers. Its long and strong relationships with wholesalers enable it to receive parts quickly.
Growth/Expansion: This business can expand to as many automobile engine repair and body shops as there are in Idaho. All use the parts sold by this company. It s only a matter of exposing them to your competitive pricing and superior customer service. Shop owners who are not current clients are glad to receive sales calls from businesses like this, as shop owners are always looking for competitive pricing and superior customer service.
Support/Training: 60 days of owner training is included in the asking price.
Reason Selling: Seller is retiring.

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