Seller Financing Available
Gross Revenue: $1,013,000
* not included in asking price.
Profitable Auto & Truck Repair – 28% Cash Flow Increase!
Contact Art Blumenthal on over 500 auto repair businesses
Are you looking for an amazing opportunity to purchase an independent auto and light truck repair center with annual sales of $1,013,000 in 2015 and have averaged $973,000 for the past three years? This profitable business generated $201,000 in cash flow in 2015, a 28% increase over 2014, affording an owner/operator an outstanding salary after debt service.
The Business is well established with 25 years of goodwill, excellent reputation for customer service and a loyal clientele. The Business comes complete with state-of-the-art equipment required to run a full service auto and light truck repair business, including engine performance, expert diesel diagnosis and repair, steering and suspension, starting and charging, lube-oil-filter, fuel systems, brakes, and heating and cooling. The 4,800 square foot facility has 7 service bays, with room for storage, 24 parking spaces, a customer reception area and office. Experienced employees will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide 3 weeks of training and support during the transition period. The Asking Price for the Business is $385,000, plus $10,000 in inventory. The Business qualifies for 10 year Bank/SBA financing, so it can be purchased by a qualified buyer with a $60,000 down payment. With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community. This opportunity is being offered through Empire Business Solutions - DRE#01488246.
Inventory: Not included in asking price
Facilities: 4,800 square foot building with room for 7-9 vehicles, a heavy duty lift, storage areas/loft, plenty of parking and a customer reception area. Fully equipped for a wide range of automotive and light truck repairs and upgrades, preventive maintenance and diesel engine service.
Competition: Excellent Internet reviews have enabled the business to gain new customers while retaining its long term loyal clientele.
Growth & Expansion: Local owner/operator could grow the business by opening on Saturday, expanding advertising and soliciting fleet business.
Financing: Pre-qualified for Bank/SBA financing for a 10 year term.
Support & Training: Seller will provide a minimum of 3 weeks training and additional telephone support to ensure a smooth transition.
Reason for Selling: Long term Owner wishes to retire
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