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:N/A
FF&EUndisclosed
Cash Flow:
Undisclosed
Inventory:Undisclosed
Real Estate:Leased
Established:Undisclosed
Performance Automotive Parts Distributor

This Business is SOLD!

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.

Some Details of the Transaction Remain Confidential

Detailed Information

Location:

Tallmadge, OH

Inventory:

Included in asking price

Real Estate:

Leased

Building SF:

Undisclosed

Lease Expiration:

Undisclosed

Employees:

5

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Facilities:

Real Estate is leased.

Competition:

Undisclosed

Growth & Expansion:

Undisclosed

Financing:

Undisclosed

Support & Training:

Undisclosed

Reason for Selling:

Distressed business with financial and operational issues. Seller seeking a strategic buyer. 

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