Business Description
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This Lotus Vintage Parts Distributor business was founded in 1972. 30% of sales revenues stem from repair and upgrade automotive parts for current model Lotus sports cars, 30% of sales revenues stem from repair, upgrade, and restoration parts for classic Lotus road and race cars, 20% of sales revenues stem from restoration parts for classic race cars of other English manufacture circa 1960-80, 10% of sales revenues stem from general hardware and plumbing supplies for all race cars, marine, and aircraft and the remaining 10% of sales revenues stem from other miscellaneous things. This is an easy mail order business, primarily wholesale. They have exciting and exotic components and customers (racing). There are a minimal number of employees required. They have long standing and faithful vendors. It is in a scenic and temperate, quiet rural location. The current owner will stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. Call now for more information about this golden business opportunity.
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Business Location
San Andreas
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California
United States
General Area
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Listing Information
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Type of Seller
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Business Model
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For Sale / Investors
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Business Details
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Asking Price
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$1,700,000.00
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Value of Assets
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Average Value of Inventory
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Will Consider Financing
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What % or $ Amount
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0
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Will Remain For Transition
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Owner agrees to stay through a reasonable transition period.
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Will Accept Non-Compete
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Formal Biz Valuation
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