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Automotive General Repair

Lorain, OH (Lorain County)

Automotive General Repair
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Asking Price: $199,000

Cash Flow: N/A

Gross Revenue: $310,000

EBITDA: N/A

FF&E: $45,000

Inventory: $25,000*

Rent: $2,200 /Month

Established: 1994

*not included in asking price.

Automotive General Repair

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Business Description

The ideal buyer is a car enthusiast, mechanic, or shop owner who recognizes a great business opportunity. Opportunity to purchase a well-established and very profitable Automotive & Tire Repair Business with commercial accounts located in Lorain. This shop offers full, warranty-approved service and maintenance. Brakes, Oil Changes, Wheel Alignment, Suspension, Lift Kits, Exhaust, Diagnostics and more. Well Established 25 YRS Plus. Experienced staff in place. High traffic, central location. Certified mechanic license not required to own and operate this business is positioned well for consistent and continued success.

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Detailed Information

Location:
Lorain, OH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
GREAT OPPORTUNITY to make a substantial salary as soon as you take the keys, growing, profitable turnkey operation that already has the equipment, inventory, and employees in place, features 4,500 SF. The large, attractive building is located on a highly travelled road with great visibility and access. Offers total car care including both maintenance and repairs. Also gets fleet and outsourced work from surrounding businesses and is Lorain designated installation facility for the ignition interlock/breathalyzer devices.
Competition:
This is a competitive industry, but this business separates itself from the competition by providing excellent services and convenient location. Where the market information flows freely, competition plays a regulatory function in balancing demand and supply. Non-Disclosure Agreement (NDA) is required before financials are provided.
Growth & Expansion:
Prospective buyers will have to determine the growth and expansion Pros and Cons through their own due diligence. The information presented was from sources deemed reliable, but the buyer should provide their own degree of care that a prudent person would exercise.
Support & Training:
Seller will provide training as required by buyer during transition period and additional telephone support to ensure a smooth transition including an experienced staff.
Reason for Selling:
Retirement
Business Website:
http://www.bsnbuysell.com
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(from currently available funds)
 
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Rick Farina Jr.

Business Listed By:
Rick

Business Solutions Network

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