Description
This business is the European distributor for an overseas automotive specialist parts manufacturer. Trading since 1987 it has established a constant flow of repeat business from automotive after-market jobbers, repair shops and mechanics.
The products offered are a range of performance and reliability upgrades added to classic cars and other vehicles. These products are the recognised market leading brand. The manufacturer continues to provide new products and range additions. It's flagship product kit has exceed over 4,000,000 unit sales worldwide.
The current owner is seeking an experienced business investor to acquire this company in preparation for his retirement and is willing stay in the business post-sale as required. The business has a consistent performance and opportunities exist for expansion through an increase in e-commerce and marketing are evident.
This is an opportunity for both an existing automotive after-market business or an investor with an interest in the automotive sector...
Listing Details
- Listing Number: 62394-214086
- Location: Surrey, England
- Price: 700,000
- Down Payment: 0
- Sellers Discretionary Earnings: 210,000
- Category: Distribution
- Inventory: 61,000
- FF&E: 1,500
- Employees: 2
- Years Owned: 24
- Reason for Selling: Retirement
Business Listed By:
- John Sweeney
- Phone: +44 (0) 1372 540 989
- Email: jsweeney@tworlduk.com