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The Wall Street Journal Online

Auto Repair--Recession Proof

Chardon, Ohio (Geauga County)

Seller Financing Available

Photo Available
Asking Price:
$195,000
Gross Income:
$478,000
Cash Flow:
$69,000
EBITDA:
N/A
FF&E:
$42,000.00 *
Inventory:
$25,000.00 *
Real Estate:
$450,000 (M.B.A. Realty) **
Year Established:
1994
Employees:
4
Business Types:
Auto Repair, Parts & Services
Miscellaneous Repair Services

** not included in the asking price

* included in the asking price

Business Description

Well established business with a loyal customer base. Franchisee of a national company. High name recognition through a national advertising progran. Full service automotive repairs include brakes; exhaust systems; tires; engine diagnostic, maintenance and repair; heating and air conditioning systems. State of the art equipment.

Detailed Information

Facilities:
Located in a 3,200 Sq. Ft. building on a commercial street in a growing suburb. Building has 4 bays and 4 lifts, office and waiting room. Excellent visibility from street. Prime location--near both Rt. 44 and Wilson Mills Rd. Also near the Home Depot and Walmart. Ample parking on 1/2 acre. Real estate is available with the business via a purchase or lease and is listed separately through M.B.A. Realty, Inc.
Competition:
Limited competition. There is a high cost of entry in Chardon if one could obtain the necessary permits.
Growth/Expansion:
Chardon is a growing city in Geauga county.
Financing:
Partial financing to a credit worthy buyer.
Support/Training:
Seller will provide training plus phone support.
Reason Selling:
Retirement.
Contact Seller

Broker Information

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(from currently available resources)
months

Business For Sale Listed By

Henry Schneps
Better Business Brokers, LLC
216-952-1734

Sponsoring Broker

Henry Schneps

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