Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

Asking Price	$1,600,000	Inventory	$20,000*
Gross Income	$3,182,618	Real Estate
Cash Flow	$458,061	Year Established	1979
FF&E	$164,000*	Employees	17ft 1pt

* included in the asking price

** not included in the asking price

This independent automotive specialty business has multiple locations with each one having strong sales and profits. Business has a great general manager that allows the owner to work approximately 20 hours per week in the company. Business has good books and records with an outside CPA. The high profitability of this business allows the company to retain high quality, well paid employees. Down payment of $240,000 with SBA financing and Seller Financing. This businesss has been pre-qualified for an SBA guaranteed loan of $1,040,000 to be paid back over 10 years at 6.5% interest with a monthly payment of $11,809.

Facilities: Multiple locations that are leased.

Competition: Industry leader in Colorado. Still room to increase market share.

Growth/Expansion: Room for growth at each location. New owner can open part-time on Saturday.

Financing: Seller will finance $320,000 for 72 months @ 7%, $5,456 monthly payment.

Support/Training: Seller will train as needed.

Reason Selling: Seller downsizing