Auto Parts Wholesale Distribution Co

As of Oct 5th this business is under exclusive Letter of Intent for 30 days. If you are interested in receiving information on this company should the buyer decide not to proceed, please contact me and I will add you to our list of businesses to notify about the change of status. The Company’s customer base is for resellers of the automotive products. The customers include dealerships such as Toyota, Honda, GM, Ford, large garage repair shops, school districts and service stations. The Company supplies auto parts, shop equipment. shop supplies, tools, fluids, chemicals and many other items to resellers of auto products. They service the above listed types of businesses and many other miscellaneous resellers who cannot purchase these products direct from the manufacturers. The customers come from all over the Houston Metropolitan area as well as surrounding communities. The Company started operations in September of 1983 in a 10,000 square foot facility. They purchased and relocated to their current location in 1990. They reorganized and converted to an “S” Corp in 1993 and added the owner’s wife as a 50% owner of the company. In 1990 they purchased their current location containing a 9,000 sf warehouse with offices. A qualified buyer does not need any technical or vocational skills to operate this business. It would be beneficial if the owner did have a business management background and expertise in selling to business clients. The company is extremely fortunate to have a solid group of employees. The only employee with less than three years of employment with the company is the part-time administrative assistant/bookkeeper. The warehouse manager has been with the company for over 5 years and the remaining 4 employees average just over 10 years each with the company. The Company owns their warehouse located in a light industrial area. The building is 9000 sf and is not included in the sales price. The buyer can negotiate a lease with the seller and remain in the current location or could move the business to a location of their choosing. Since this is not a retail location the owner feels there would not be a risk of losing customers incurred by relocating the warehouse. Location: Harris County, Texas Year Established: 1983 Number of Employees: 6 Relocatable: Yes Real Estate: Owned Building Sq. Ft.: 9,000 Facilities: The Company owns their warehouse located in a light industrial area. The building is 9000 sf and is not included in the sales price. The buyer can negotiate a lease with the seller and remain in the current location or could move the business to a location of their choosing. Since this is not a retail location the owner feels there would not be a risk of losing customers incurred by relocating the warehouse. Market Outlook/ Competition: The company has been very successful for the last 38 years and has a large base of repeat customers who will remain with the company provided current service levels are maintained. They have a large and diversified product selection that most competitors can’t match and their prices are competitive with anyone. Growth & Expansion: There is significant opportunity to increase sales, especially if the new owner wants to take a more active role in recruiting new customers. This would allow the sales team to cover a larger geographic area and bring in new customers. The current web site is informational in structure and contains a full catalog of the products they stock as well as special order products. The owner feels there is a large opportunity for more sales by improving the web site, thus providing customers with an interactive experience that would allow for on-line ordering. This would provide a new and more efficient vehicle to enhance the ordering process and provide new customers an easy avenue to become regular buyers. The company is currently open Monday thru Friday and there is an opportunity to increase sales by extending open hours to include Saturdays.