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FS: Performance Business 4 Sale!!!!

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Old 01-16-2003, 02:14 PM
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SixthGear81
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Default FS: Performance Business 4 Sale!!!!

Hey all you entreperneurs out there, ever thought about owning your own performance automotive shop? Well, here is your chance. We are called Sixth Gear and we are located in Seminole, FL. We have a very good reputation locally and nationally. Both owners are pursuing other business ventures and need the capital to do so. This shop is EXTREMELY profitable and we are willing to let go for cheap. Here is a full diagnostic of what is included in the package:

Sixth Gear Online, Inc.
Seminole, FL 33772

Type: Established Business
Category: Retail/Wholesale of Aftermarket Automotive Products


Financials
Asking: $75,000
Gross: $450,000
Cash Flow: $70,000
Average Asking Price for this Business: $100,000 to $120,000

Included in the Asking Price:


1. All the product lines we are direct with (Skunk2, ZEX, Sprint, Turbo XS, Motegi, Nakyama, A.P.R., etc. Some of these copmanies, such as ZEX, are $12,000 to buy-in)

2. Huge customer base, established location, established phone number

3. Major contacts for access to all product lines not direct with, including major engine and rim sales from Japan.

4. All shipping process is automated

5. Everything but minor computer equipment stays, all inventory stays, coke machine, etc.

6. No company debt!

7. Assume all wholesale accounts

8. Website (www.salecarparts.com)

9. Magazine companies

10. Enhanced security system (two min response time)

11. Will give key places online to sell

12. Major contacts for all audio lines

Summary Description
Well-established name in the performance parts market. Being near many high school and tracks prove to be very profitable location. With the right management and proper advertising has the potential to become a tremendous business and be a very strong competitor with the biggest in the industry. With a knowledgeable person in automobiles taking over this business, the possibilities are endless.


General Information
Year Established: No Limit Custom was bought out in May of 2002. Sixth Gear Online, Inc. has been incorporated since March of 2001.
Employees: 3
Facilities: Lease ends in July of 2003 with an option to renew. Approx. 1,100 square foot facility, plenty of parking, friendly neighboring shops.


Market Outlook
Competition: With Street Heat, Underground Performance, T & L, and XTR Speed going out of business the market is wide open in Pinellas County. There are no major competitors on this side of the bridge. The closest competition lies in Tampa with Racing Zone.

Growth and Expansion: Excellent demographic area-continued growth.

About the Sale
Financing: Not available
Support/Training: Will stay on for up to 2 weeks to train new owner
Reason Selling: Pursuing other business ventures

Contact Information

Phone: 727-398-5737
Write: 6006 Seminole Blvd.
Seminole, FL 33772
Email: Justin@sixthgearonline.com
Old 01-16-2003, 02:15 PM
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SixthGear81
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