Automotive Parts Distributor (SOLD) - NEO Business Advisors
Case Study of Recent Transaction

Automotive Parts Distributor

SOLD - NEO Business Advisors represented a strategic buyer in the acquisition of Baker Performance Parts by TNT Custom Racing, Inc. to expand into the performance automotive parts industry.

Asking Price: Undisclosed

Gross Revenue: Undisclosed

EBITDA: Undisclosed

FF&E: Undisclosed     Included?  Yes

Inventory:  Undisclosed     Included?  Yes

Real Estate:  Leased

Building Size:  4,000 SF 

Employees:  5 Employees (including owner)

Location:  Tallmadge, Ohio

Performance Automotive Parts Distributor
Some Details of the Transaction Remain Confidential

Detailed Information

TNT Custom Racing, Inc. partnered with Baker Race Cars to build performance race cars for the asphalt circle track industry in Norther Ohio and Western Pennsylvania and saw this as a strategic opportunity to enter the performance parts distribution industry.

Real Estate: Real Estate was leased by the Seller including 4,000 sq. ft. of automotive shop and warehouse space. 

Growth and Expansion: Undisclosed 

Support/Training: Undisclosed

Reason for Selling: Distressed business with financial and operational issues. Seller seeking a strategic buyer.

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