Three Automotive Parts and Supply Companies in Santa Cruz County

Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$5,840,000

Inventory$2,600,000
Not included in asking price
FF&E$50,000
Included in asking price
258 Potrero Street
258 Potrero Street
4310 Capitola Road
307 Rodriguez Street
258 Potrero Street
258 Potrero Street
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Three Automotive Parts and Supply Companies in Santa Cruz County


Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$5,840,000

Inventory$2,600,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
Three Automotive Parts and Supply Company locations are being sold together!
1. Kelley's Service, 258 Potrero Street, Santa Cruz, Ca. 95060
2. Mid County Auto Supply, 4310 Capitola, Ca. 95010
3. Townsend's Auto Parts, 307 Rodriguez Street, Watsonville, Ca. 95076
About the Business
Years in Operation
75
Facilities & Assets
3 separate facilities.
Inventory valued at $2,600,000 is not included in the price but can be negotiated to be included in addition to the asking price.
Santa Cruz location is 9,688 sq. ft. with a new, negotiated 5-year lease with 2-5 year options. The
Real Property at the Santa Cruz location may be included in the purchase for an additional $2,600,000.
Capitola location is 5,000 sq. ft. with a new, negotiated 5-year lease with 2-5 year options.
Watsonville location is 4,600 sq. ft. existing lease expires 2/29/24 with 2-5 year options.
Market Outlook / Competition
Long-established businesses.
Kelley's Service was established in 1950 +/-.
Mid County Auto Supply was established in 1969 +/-.
Townsend's Auto Parts was established in 1965 +/-.
3 store locations add to the competitive value in the marketplace.
Opportunities for Growth
Current business has grown from the initial location in Santa Cruz to an additional, two other stores (one in Capitola and another in Watsonville) strategically located throughout Santa Cruz County.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
19,288
Lease Expiration
12/31/2028
About the Sale
Seller Motivation
Corporate owner/shareholders would like to retire from business.
Transition Support
General Manager and other store managers are willing to train and/or remain employed at each location.
Financing Options
Buyer to obtain financing. No seller financing offered.
Listing Info
ID
2120883
Listing Views
3585
Attached DocumentsAttachment Disclaimer

258 Potrero confidentiality agreement.doc


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Business Listed by: Russell Gross

Listing ID: 2120883 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.