Services - Auto Repair, Parts & Svcs

Asking Price	$249,000	Inventory	$40,000*
Gross Income	$320,000	Real Estate
Cash Flow	$80,000	Year Established	1980
FF&E	$125,000*	Employees	7

* included in the asking price

** not included in the asking price

A Great Opportunity for a mechanically inclined person to purchase a growing and profitable business. The business cash flow can pay financing costs and pay the new owner a good salary. This Elite Auto Car & Transmission Repair business is in a position to grow and become more profitable. The business specializes the repair of high-end domestic and foreign automobiles and small trucks. The current owner has worked to establish the business as the premier provider of auto and transmission repair services in the local market and is dedicated to building long-term relationships with its customers through regular customer service schedules, quality training and customer support. The business is has a reputation as a leading auto and transmission repair facility in the Roanoke area.

Facilities: The business occupies a modern and attractive building with customer waiting area, business offices, parts storage rooms and shop space totaling 5,000 square feet. The building has six service bays with lifts and two service bays for other repairs. The seller owns this prime commercial property and will offer a new owner very favorable lease terms with an option to purchase the property.

Competition: The competition in the area does not offer the same range of services that this shop provides. The business maintains the following advantages over existing competitors, which includes; ongoing support to customers; specialized training programs for mechanics and competitive rates.

Growth/Expansion: The business is located near higher income neighborhoods with many foreign and domestic dealers are nearby. The business has steadily increased sales to over $320,000 per year and is located in an expanding commercial area with major connecting highways nearby. This business is in a good position to attract more customers from this the local upscale market who are willing to pay premium prices for quality service. A new owner has a unique opportunity to profit from this market situation and could easily grow the business.

Financing: See broker for information on financing packages.

Support/Training: The seller will train a new buyer during a pre-determined transition period.

Reason Selling: The owner wishes to pursue other interests.