Internet Business Guide

14 Aug

Making Money At Home


Overview

Making Money At HomeAuto Aftermarket

Internet Business Guide Listing #7450

Status: SOLD
Days On Market: 700
Sale Price: $42,000
Business Type: NAICS 464111
Business Category: Etailer
Business Name: NDA
Business Web Site: NDA
Asking Price: $45,000
Down Payment: $45,000
Gross Sales: $235,000
Cash Flow (or SDE): $28,460
Asking Price As Multiple of Cash Flow 1.6
Year Established: 2002
FF&E: $ N/A
Inventory: $ N/A
Employees: 0
Absentee Owner: No

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Business Summary
This making money at home web-based automotive aftermarket business sells interior and exterior accessories,Making Money At Home intake and exhaust systems, restyling items, and other performance parts.  This business also manufactures cool air intake kits for special vehicles.

The company’s website enables online ordering from automotive enthusiasts. Because of this business’ proximity to the automotive industry, it is able to work with OEM engineers and designers. This keeps the product line on the cutting edge of the industry while making money at home.

This is a making money at home operation. The primary asset is the company’s website, which gets approximately 400,000 hits per year. Additionally, the buyer has the option of purchasing the manufacturing side of the business for $45,000, which has $24,000 in equity in molds for cold air intakes and $10,000 in inventory.

Facilities: Internet Home Business Opportunity

Competition: There are other automotive after market companies that are web based, but few of them manufacture systems themselves, have relationships with OEM engineers and designers, and maintain the quality of all products sold online.

Growth: Growth can be achieved by expanding the product lines offered. Also a new buyer may have more time to dedicate exclusively to sales and marketing of the product lines in place.

Financing: Not Available

Training: Negotiable

Reason Selling: Not Disclosed

Listed By: Owner

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SOLD COMPARABLES
Description Days On Market Sale Price
(%) Asking Price
Asking Price
Auto Aftermarket 833 $450,000 95% $475,000
Auto Accessory Unknown $675,000 97% $694,900
Online Auto Sales 28 $440,000 100% $440,000

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