Commercial Automotive Equipment: Sales, Installation & Repair

Springfield, OH (Clark County)

Seller Financing Available
Commercial Automotive Equipment: Sales, Installation & Repair
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Asking Price: $1,650,000

Cash Flow: $433,655

Gross Revenue: $3,847,143

EBITDA: N/A

FF&E: $765,000

Inventory: N/A

Established: 1985

Commercial Automotive Equipment: Sales, Installation & Repair

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Business Description

An industry expert located in Central Ohio, this automotive company with $765,000 in assets sells equipment to auto shops, municipalities local automotive care businesses, fleet shipping companies, career schools, as well as national chain lube stations. Lifts, compressors, fluid inventory controls, AC recovery, and fans are some of the industry specific product lines offered. The majority of revenue comes from the sale of equipment, yet service and repair accounts for 22% of total income. Work and service repair are often completed on-site at the customer’s business.

The 12,000 square feet of space contains a large, 2,000 square foot office, with the remainder (10,000 sq. ft.) being warehouse. The warehouse has open and rack storage, a loading dock as well as two large overhead garage doors. This space will be available for continued lease from the current owners.

In a continuation of successes, further diversification of clients can be found in expanding the enthusiast or trucking customer base as well as cross-industry companies that rely on the technology sold by this business. Companies include manufacturers or distributors that utilize compressors or who need lubrication systems to run their equipment.

The Firm Business Brokerage is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.

Attached Documents


Detailed Information

Location:
Springfield, OH
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
12,000 sq. ft.: Office, warehouse with open and rack storage, two overhead garage doors, loading dock, available for continued lease
Financing:
12.5%
Support & Training:
Seller Training Period: 3-6 months
Reason for Selling:
Retirement planning
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Cortney Sells

Business Listed By:
Cortney Sells

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