40+yo Clutch and Auto General Auto Repair – Motivated seller
Asking Price: | $70,000 |
Gross Revenue: | $363,716 |
FF&E: | $60,000 |
Cash Flow: | $66,883 |
Inventory: | $2,000 |
We are very excited to present for your consideration a 40+ year-old business with a strong and loyal customer following. This business has been great for the current owner, who is ready to retire and hand over the solid business he has built.
The asking price is less than two times the discretionary earnings. The property has over $60K in assets (mechanic tools are included). At this price point, we are seeking a cash buyer and a fast closing.
The ideal buyer is a business-minded mechanic. The seller is actively working as a mechanic and has a long-time employee expected to stay. Most of the equipment is in great shape and under eight years old.
Currently, there is no digital advertising like Google or Meta-ads. The business has a website shared on the marketing packet, which you will receive upon signing an NDA. Some digital marketing may also boost revenues.
A new lease will be negotiated with the landlord, and the terms must be acceptable to the buyer as a condition of the sale.
Please complete the online contact/inquiry form if this business interests you. Our system will immediately send you the NDA to sign, which can be done from your mobile phone. Our system will send you the marketing materials that further explain this opportunity upon completion. No waiting around. After reviewing the materials, please contact us to discuss the next steps, which include making a non-binding offer. At that point, if we haven’t provided enough information for you to feel comfortable making an offer, we’ll do our best to accommodate. Some things will only be available upon opening escrow and an earnest deposit. We rarely get this combination of solid earnings, clean financials, and a motivated seller, so act fast.
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