VINTAGE CAR PARTS SALES BUSINESS-REAL ESTATE AND ASSETS

RECEIVER ORDERED SALE-30 YR. OLD BUSINESS


USA PARTS SUPPLY-CADILLAC AND OLDSMOBILE SPECIALTY PARTS SALES-COURT APPOINTED RECEIVER LIQUIDATION. SEALED BID SOLICTATION INCLUDES 3 ACRE LOT/20,000 SF OFFICE & WAREHOUSE BLDG. & ALL INVENTORY, LOCATED IN KEARNEYSVILLE WEST VA. 75 MILES FROM D.C

SEALED BID AUCTION
Began: 03/17/20 at 5:00 PM EDT
Ends: 05/29/20 at 5:00 PM EDT
Location: USA PARTS SUPPLY-CADILLAC & OLDSMOBILE, 261 INDUSTRIAL BLVD., KEARNEYSVILLE, WV 25414

POSTPONED- PLEASE CHECK BACK!

BY ORDER OF COURT ORDERED RECEIVER-CHERYL E. ROSE

SEALED BID SOLICITATION-ENDING MAY 29TH 2020. 30 YR ESTABLISHED CLASSIC CAR SALES FACILITY PRESENTLY  SPECIALIZING IN CADILLAC AND OLDSMOBILE CLASSIC CAR PARTS. LOCATED IN KEARNEYSVILLE WEST VA ON 3.04 ACRES WITH A  20,000 SF BUILDING INCLUDING OFFICES/SHOP & WAREHOUSE. FENCED LOT IS CAPABLE OF HANDLING 130 CARS. SITE IS ONLY 75 MILES FROM D.C. 85 MILES FROM BALTIMORE AND 200 MILES FROM PHILADELPHIA/NY. 

LARGE SHOP AREA WITH LIFT, SHEET METAL FORMING EQUIPMENT, FORKLIFT, SHIPPING AND RECEIVING STATIONS WITH ASSORTED TOOLS. FORMER BUSINESS HISTORY INDICATES THAT CAR RESTORATION AND COMPONENT REFURBISHING SERVICES WERE PREVIOUSLY OFFERED. ONGOING PARTS  BUSINESS IS CURRENTLY STAFFED BY 3 FULL TIME AND 2 PART TIME EMPLOYEES THRU ON SITE AND INTERNET SALES INCLUDING EBAY STORES. RECORDS INDICATE 2019 GROSS PARTS SALES WERE $1.2M. OPERATION IS PRESENTLY DEALER FOR BUT NOT LIMITED TO:

AUTO CUSTOM CARPET & FLOOR MATS

ELECTRON CONVERTIBLE TOPS

CLASSIC EXHAUST -EXHAUST COMPONENTS AND SYSTEMS

ACME HEADLINING VINYL TOPS/BOTS & HEADLINERS

BISHKO BOOKS

AUTO CUSTOM LEATHERS-INTERIORS/SEAT COVERS

PARTS UNLIMITIED SEAT COVERS AND DOOR PANELS

FACILITY LENDS ITSELF TO A VARIETY OF ADDITIONAL USES AND REVENUE POSSIBILITIES. 

OVERVIEW:

BUSINESS STARTED IN 1990

JEFFERSON CO. TAX MAP NO. 022000100140000

CURRENT CO. ASSESSMENT-$810,600.00 (BLDG.-$385,600.00 LAND-$425,600.00)

COUNTY SEWER AND WATER.

ALL OFFERS MUST BE RECEIVED BY 5:00 PM AND MAY 29TH

SEE ENCLOSED BID SHEET IN “DOCUMENT” SECTION

FOR A COMPLETE BID PACKAGE WITH DETAILED TERMS AND CONDITIONS-DUE BY MAY 15TH PLEASE CALL SALES AGENT N. T. ARRINGTON AT 703-966-8422 OR BY EMAIL AT nta1153@verizon.net

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COURT ORDERED SEALED BID SALE  BY RECEIVER SPECIALTY AUTO PARTS/SERVICE SHOP=SERVICE AREAS OUTSIDE/FENCED YARD VAST SELECTION OF PARTS

N. T. Arrington – Auctioneer & Appraiser

http://arringtonauction.com

P. O. Box 738 Gainesville, VA 20156

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