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Operating from Kansas, the company is an auto dealer offering antique cars and parts. The company’s primary services include selling cars and parts online and performing restorations and repair services. The company operates from a 25,000-square foot facility, valued at $230k it is included in the asking price. It features a storage and warehouse area, fully equipped garage, and office space. The company has a proven track record, supported by its longstanding reputation in the antique and classic car industry. With its niche range of products, the company’s marketing efforts focus on targeting antique car enthusiasts worldwide, 55% internationally and 45% domestically. Revenues have increased 22% over the past 4 years, due to higher demand and increasing international sales. Last year, the company’s total revenue was $993,159 with an SDE of $102,000. The owner has recently assessed expenses and got rid of unnecessary expenses to increase the profit margins considerably. They are projecting $900k in sales and $135k-$175k in Net Income for 2017, depending on possible sales. The is room for growth if the new owner added other classic model cars to inventory. The current owner is happy to discuss further profit and revenue optimization with the new owner.
Real Property Included
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