123 Arkansas St Lake Village, AR 73653
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 123 Arkansas St
- Property type
- Commercial real estate
Description
This thriving, second-generation auto parts remanufacturing business in Lake Village, AR, is available due to the owner's retirement. Established decades ago, it boasts a stellar reputation for quality and service, reflected in its consistent revenue growth: $2,522,750 in 2021, $2,952,855 in 2022, and $3,120,593 in 2023. The asking price of $1,900,000 includes a well-equipped, 22,000+ square foot facility, furniture, fixtures, equipment (valued at $510,000 used replacement cost), and inventory ($759,000 at cost), totaling $1,269,000 in assets. Detailed financial records are available. The current lease on the strategically located real estate is with a related party and is not included in the asking price but is available for purchase at appraised value. Loyal, long-term employees, a strong customer base, established vendor relationships, and a well-known regional brand name ensure a smooth transition. The retiring owner will provide comprehensive training. Positive cash flow is projected from day one. Confidentiality is maintained; prospective buyers will need to sign a confidentiality agreement and provide qualifying financial information. Located at 123 Arkansas Street, Lake Village, AR 73653.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Village
- County
- Chicot
- State
- Arkansas
- Longitude
- -91.2818
- Latitude
- 33.3287