| Automotive One Parts Stores, Inc. | |||
| Proposed Ticker: | AONE | 701 West Church Street | |
| Exchange: | NASDAQ-Small Cap Market | Orlando, FL 32802 | |
| Industry: | Wholesale (SIC Code 5013) | (407) 422-1110 | |
| Type of Shares: | Common Shares | Filing Date: | 5/15/97 | |
| U.S. Shares Filed: | 1,640,000 | Filing Range: | $5.00 - $7.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $9,840,000 | |
| Primary Shares: | 1,640,000 | Expenses: | $696,000 | |
| Secondary Shares: | 0 | Shares Out After: | 4,000,000 |
| Manager | Tier | Phone |
| Argent Securities, Inc. | Lead Manager | (888) 237-1100 |
| Issuer's Law Firm: | Greenberg Traurig Hoffman Lipoff Rosen & Quentel |
| Bank's Law Firm: | Johnson & Montgomery |
| Auditor: | Grant Thornton |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $12.09 | Assets: | $9.95 | ||
| Net Income: | -$1.04 | Curr Assets: | |||
| EPS: | -$0.44 | Liabilities: | $9.57 | ||
| Prior EPS: | -$0.13 | Curr Liabilities: | |||
| Cash Flow/Oper: | $0.32 | Equity: | $0.38 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a specialty supplier and retailer of automotive replacement parts, tools, supplies, equipment and accessories to both professional mechanics and service technicians and "do-it-yourself" customers. The company operates 15 auto parts stores, 1 machine stop, 1 speed shop and 1 warehouse facility in Central Florida, all of which are located in or within one hour's drive of Orlando, Florida. All of the auto parts stores are traditional stores selling both to Professional Installers and DIY customers. The company also maintains approximately 100 vehicles which guarantee the delivery of parts to Professional Installers within 30 minutes. Stores carry an extensive product line of brakes, belts, hoses, filters, cooling system parts, tuneup parts, shock absorbers, gaskets, batteries, bearings, engine parts, remanufactured alternators and starters, chassis parts and exhaust systems, and other hard parts. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repaying loans from APS and certain other loans, working capital and general corporate purposes. |