Business for sale in Canada – British Columbia – British Columbia – Canada’s leading hot rod part distributor

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Business for sale in Canada - Canada s leading hot rod part distributor

Asking Price: 1,700,000 $ CDN Real Estate: Ownership
Sales Revenue: 2,863,537 $ CDN
Net Profit: 120,390 $ CDN
Year Established: 1977
Employees: 8FT
# of family members employed: 1FT
Location criteria:
Canada/British Columbia/British Columbia

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Business description

in business since 1977, this company has been providing their customers with the latest in quality street rod components, and early ford and chevrolet reproduction parts. this hot rod parts distributor is represented at trade and car shows across canada, and is recognized as an industry leader. With almost “institutional” status, enthusiasts are quick to refer new business, resulting in an annual turnover close to $3.5 million. the strong reputation will provide a new owner with a turnkey business with sufficient cash flow for continued operations, allowing energies to be placed on growth strategies. the hot rod industry is a large and growing market with no signs of slowing. The primary target segment for this industry are car enthusiasts and collectors: male between the ages of 45 and 65, who have an affinity for classic vehicles, are knowledgeable, and usually invest significant time and money in restoration and in customizing predominantly as a hobby, with some looking to the venture as a profit making exercise. Regardless of the motivation, a completed project is always seen as a source of pride. it is rare that a business with such a solid financial base, a large market share and an extremely well established leadership position becomes available for purchase. The growth potential for this business is substantial as the market size continues to grow, with increased demand; under the right management will generate extensive revenues. the facility can either be leased or purchased from the current owner

Additional information

Additional information: Not Disclosed
Support & training: Appropriate support and training will be provided to ensure a successful transition
Reasons for selling: Retirement
Financing available: yes
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: no
Value: 0 $ CDN
Location: Not Disclosed

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