Services - Auto Repair, Parts & Svcs | Services - Other Travel & Transportation

Asking Price	$445,000	Inventory	$36,177**
Gross Income	$773,809	Real Estate
Cash Flow	$188,842	Year Established	1978
FF&E	$129,940*	Employees	8

* included in the asking price

** not included in the asking price

The Company has been independently owned and operated for thirty years by the current owner. It is a full service auto repair shop in a wealthy and rapidly growing community. As would be expected with any business that has been operating for thirty years, it has developed a strong reputation and loyal customer base. With a talented staff and service capabilities that few independent service stations have, it is even recommended to potential customers by their competitors. The Company is one of the leading independent repair shops within its marketplace in terms of expertise across almost all makes and models of cars. The owner desires to enter retirement and is offering the business for sale at the asking price of $445,000, plus inventory. An asset sale is anticipated.

Facilities: The facilities are a painted cinder block building with 7 large bay doors opening to 9 service bays with lifts. They have 1 front end alignment machine and 2 truck drive lifts with a tire changing room, waiting room, front office, and a technicians room with computers. A five year lease is available.

Competition: Within the Company s marketplace there are several small auto shops. However, very few do full repair service like it does. Most do oil changes, lube, tire, brake service, and state inspections but few offer the full range of services that it does. Their #1 competitor is a much smaller shop with only two bays and only two lifts. The Company is a Master Tech shop for the last 11 years.

Growth/Expansion: The business is located near a major state University, hospital, law school, and business school. It is in a rapidly growing community and is on the only major road leading out to an area that is experiencing explosive growth as the community expands west. It is uniquely situated to enjoy heavy commuter traffic increase over the next several years.

Financing: Seller financing is negotiable for a qualified buyer

Support/Training: Current ownership is willing to stay on for a reasonably negotiated transition period.

Reason Selling: Retirement