Growth Opportunity - Wholesale and eCommerce - SBA pre-qualified
**New Facility 4/19/2022** The Sellers have built a steady business ready for the next level. They've been successfully serving customers since 2008 and have earned a reputation for stocking highly desirable and hard-to-source automotive parts and accessories. Current product lines focus on automotive electrical, audio, lighting, and security, however, the business has unlimited expansion potential into other categories. Sales comes from three revenue streams: eBay, import for customers, and local wholesale/distribution to resellers. All three streams have an opportunity for growth. The sellers are ready to retire and move on, which makes this the perfect business for someone with a little knowledge about advertising and digital marketing. There is a massive opportunity to sell on Amazon and other platforms. This acquisition also includes extensive training, strategy, and the transfer of their eBay store that has earned a 99.6% positive feedback rating. Advertising to existing customers can also improve revenue. The sellers will share the strategies they have yet to implement. They are dedicated to the continuing success of this business and will stay on to consult on negotiated terms. Before COVID, 85% of sales were from local wholesale to buyers possessing a reseller license and 15% through the eBay marketplace. As a result of COVID, this business had closed its retail showroom in early 2020 and kept it closed until early Q3 2021. At the same time, online sales improved to keep gross sales consistent while actually improving the Net Operating Income. This model has proven that increased online sales will continue to improve margins. Currently about 40% of sales are online and growing. **IMPORTANT** This business has a lot of inventory and SKUs. They pride themselves on being a source for hard to source products. The sellers are confident in their business and their products, and their inventory. They often liquidate stale inventory and will share their policy, history, and sales records. The business moved to a new facility located in the same business center this month (04/2022). The previous facility was 12,000, which is too big for their operation. The lease rate for this new space will be $1.35/sqft/month. The new facility is designed for growth in the e-Commerce space and perfect for the for additional growth. The sellers are the landlords, so they will remain invested in the buyer's success. Lease term will be (1) 2yr + (2) 4yr options at market rate. We feel this a great offering at this price with a great opportunity to expand into other marketplaces. It's rare to find a business doing this volume with such a simple operating model with little employees. This business has a huge opportunity to scale. Upon completing an NDA, you will receive an overview CIM. Upon proof-of-funds for just $80,000, we will provide access to detailed financials and more confidential information. We will not make any exceptions to this process and obligation to protect our client's confidentiality.
Location:San Bernardino County, CA
Inventory:Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:Moving to a new warehouse in March 2022.
Growth & Expansion:Only selling on eBay at the moment. Can expand to Amazon and start SEO, SEM for website.
Financing:for Qualified Buyers
Support & Training:30 days and continued consulting negotiable
DenReason for Selling:retire