Profitable Business for Sale
$175000

Please read the entire add before enquiring...

My wife's a school teacher of 25 years, I work for our Municipality for 18 yrs now, plus I run a dirt business.
Also 3 young kids at home, so not a lot of extra time to run my inherited Hubcap Business, so putting it up for sale.

My step Dad worked hard and built up an amazing business known as The Hubcap Man for over 20 years. He had a great location in the middle of Winnipeg, had no competition in town, and made tons of money selling hubcaps, centers and truck simulators to people all over North America. Unfortunately, he was in a vehicle accident and could no longer stay in business. The business shut down for a year and then I took it over for the last 4 years, running it part time out of my farm. All though not the best location, being 35 mins outside of Winnipeg, not advertising at all, and not having much time to dedicate to the business, it still is a profitable business with boat loads of potential. The phone rings constantly from all over North America each day.

There is close to 10 000 items of inventory ATM, worth well over $350 000 that will come with the sale of the business, plus all storage bins, 1 100 mailing boxes, a website and the Business Name if you want it.
In a good location, this business is a cash cow by itself and would go great with a tire shop or a business that sells vehicle parts.

How much money can this business make you ask? Let's do some simple math.
Lets say your business is open 5 days a week and you sell 12 hubcaps per day @ $40 each.
21 days per month x 12 hubcaps x $40 = $10 080 per month

My step Dad use to sell way more then 12 hubcaps in a day, sometimes 12 in an hour, so the sky is the limit as far as how much money this business can generate. Many of our hubcaps, centers and truck simulators sell for much more then $40 each, even up to $150 each, think about that also.

And you might think that you will need a massive warehouse to house all this inventory? You don't.
The entire inventory is currently sitting in a well organized 16' x 28' building ATM. The inventory has all been carefully gone through, ridding all broken or damaged items and even items that would take too long to sell have been tossed out. Only the best of the best has been kept for resale.

The asking price for the business is $175 000, but because I've inherited it and would like to help a family out with starting an incredible business opportunity, and also, my step Dad would love to see his dream continue through someone else in the Winnipeg area, it can be purchased for the sum of $75 000 plus gst.

That price is firm and is an absolute incredible deal for anyone interested in owning a great business with lots of potential. I look forward to hearing from you with any questions.

Note: I would consider any of the following for partial or full payment of the business:
Excavators, payloaders, dump trucks, skidsteers, or soil screening equipment.
When you call please mention you found this ad listing on OKz.ca

Contact Information

Address:Starbuck, MB R0G 2P0
City:Winnipeg
Phone:204-799-XXXX (Show)
Asking Price:$175000

Other Information

For Sale By:Owner
Fulfillment:Curbside Pick Up
Condition:Used - Good
Payment:Cashless Payment,Cash Accepted

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On OKz since February, 2018

204-799-XXXX


Posted on: 21/06/2024 @ 12:52 pm

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