Auto Repair-Business Only

Middlefield, OH (Geauga County)

Seller Financing Available
Auto Repair-Business Only

Asking Price:$575,000

Cash Flow:$125,000

Gross Revenue:$700,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:1948

Auto Repair-Business Only

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Business Description

Auto and Truck Full Service Repair with a complete line of testing and diagnostic equipment and excellent condition on all equipment needed for repair. The repair work area is 3,760 Sq. Ft with 5 bays. The property is 6 acres with several out buildings.

The business is a sole proprietorship that has been successful and long established since 1948 offering a full line of quality and competitive repair. There are 6 highly qualified mechanics.

Sales in the period 2013 to 2015 are over $700,000 annually with a Net Operating Income in the same periods of over $125,000 annually.

Buy Business Assets Only $575,000, Lease $3,500 Triple Net per month.There would be an Option to purchase Real Estate.

The information presented as from reliable sources, but the prospective buyer should provide its own due diligence. D. Green & Associates, Inc. is a licensed real estate broker in Ohio and represents the seller.

For further information call Diane Green at 440-449-0635 or e-mail her at dgreens2@aol.com.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
3,760
Lease Expiration:
N/A
Employees:
6 mechanics
Facilities:
The Repair Work Area is 3,760 Sq. Ft. with 5 Bays. The property is 6 acres with several out buildings, There is plenty of room for expansion.
Competition:
The prospective buyer will have to determine the Competition/Market Pros and Cons through its own due diligence.
Growth & Expansion:
The prospective buyer will have to determine the Growth and Expansion Pros and Cons through its own due diligence.
Financing:
For an Experienced and Credit Worthy Buyer
Support & Training:
Negotiable
Reason for Selling:
Retirement

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Diane Green, President

Business Listed By:
Diane Green, President

D. Green and Associates, Inc.

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