Certified Business Intermediary & Business Coach
This business is ready for the right buyer. The business, which includes training, high end equipment, access to great vender relationships, will not last long. This shop has clients ranging from retail consumers to DRP to national fleet. This business has exceptional unit of economics and buying power, which keeps your overhead costs low. If you are looking to get into the automotive industry, this is definitely a opportunity that you should inquire about. I will be happy to speak to you about the opportunity over the phone and show you the financials.
Cleveland Eastern Suburb, OH
This business can be sold as an independent business for $99,000 or as a franchised business at $106,500 (the extra $7,500 is the franchised fee). This business is currently operated as a franchised Auto Repair & Service. It has been operating it since 1996. Its owner has decided to sell it since he is at retirement age. He offered the business to his manager who is not able to purchase it but would be pleased to continue working in the business. LOCATION & DEMOGRAPHIC HIGHLIGHTS: The business is located on a major 5-lane thoroughfare with a average traffic count of over 12,000 cars per day. It is located within a working class Cleveland suburb in the east side of Cleveland. The suburb s average family income of about $48,000 within a 3-mile radius around the business. The total population with a 3 mile area is 103,000. SERVICE MIX: Like most shops of its size the business provides a variety of services and repairs outlined as follows: Brake Work 20%; Exhaust Work 18%; Maintenance 16%; Suspension 6% and Other Miscellaneous Repairs 40%. Its customers are individuals, small businesses and other auto- service businesses around the area. DISCLAIMER: Enterprise Development Resources, Inc. (EnterpriseDR) makes no warranty or representation in connection with the information provided herein. Participants will be responsible for their representations and due diligence. Elias E. Ladon of EnterpriseDR is a Registered Investment Banking Representative with Reliance Worldwide Investments, LLC, member of FINRA and SIPC and registered with the SEC and MSRB, through which securities transactions are conducted. Real Estate Transactions are conducted through Eranco Associates Real Estate Division of 3017 Belmont Ave. Youngstown, OH.
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