Engine & AG Repair Very Profitable Must Sell

Champaign County, IL (Relocatable)

Seller Financing Available
Engine & AG Repair Very Profitable  Must Sell
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Asking Price: Get Financing: $399,000

Cash Flow: $202,194

Gross Revenue: $363,888

EBITDA: N/A

FF&E: $113,803

Inventory: N/A

Real Estate: N/A

Established: 2004

Engine & AG Repair Very Profitable Must Sell

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Business Description

Make Offer Seldom do we get the opportunity to offer an incredibly profitable business with significant growth opportunities, too. This is a perfect opportunity for the individual with mechanical skills who wants to take charge of their future. This is a turnkey business located in area of Champaign, Illinois.

Started in 2004 by its current owner and since that time it has enjoyed continued growth and profitability. The owner saw an opportunity for a niche’ equipment repair business, focused on heavy truck repair in the areas of agriculture, commercial, on-road, and off-road. The business quickly grew and the owner was able to purchase the current location for the business. Each year, the owner has reinvested into the business by purchasing more equipment, tools, and services. Today, the business is a full-service diesel truck and equipment repair shop, including engines, transmissions, clutches, power dividers, axle housings, air conditioning, brakes, trailers, and, in general, anything that needs a mechanic.

The owner has done very well with the business and now wants to enjoy an early retirement with his wife. In short, this is a perfect opportunity for an individual with mechanical skills.

PLUS: The business is a designated Vehicle Inspection Station!!! What a great benefit!!

Asking Price: $399,000
Sale price includes all business real estate, service truck, shop tools, and equipment. The equipment alone is valued at: $113,803.00
2013 2014 2015 2016
Sales $292,789 $397,605 $370,145 $363,888
Seller's Profit $168,4611 $243,304 $216,093 $202,194

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,000
Employees:
1.5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Real estate is included. The building has enough interior space to easily accommodate four semi trucks and a 40-foot trailer. Located on a corner lot with additional parking space.
Competition:
The business is also designated as a State of Illinois Vehicle Inspection Station. Rural location with little competition.
Growth & Expansion:
The owner has not expanded his business because he is too busy. Adding an additional person would add significant sales.
Support & Training:
Owner will provide
Reason for Selling:
Retirement
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Contact the Seller

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Steve Sink    Lifetime CBI&M&AMI

Business Listed By:
Steve Sink, CBI-M&AMI

Phoenix Affiliates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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