8 year history of over $175,000 SDE

Warsaw, IN

Seller Financing Available

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Asking Price:$292,000
Gross Revenue:$278,000
FF&E:$35,000
Established Year:1977
Cash Flow:$175,000
Inventory:$6,200
Real Estate:$94,500
BUSINESS DESCRIPTION

This family run business has been in Warsaw for 29 years performing auto service. This a great opportunity for a young mechanic to own his own business and start with a great customer following. The business is located centrally in Warsaw with a convenient location and easy in, easy out. A Non-disclosure and proof of funds available are required to receive marketing package. Step into an above average income. BUSINESS CAN BE EXPANDED BY USING 2 ADDITIONAL BAYS (STORAGE NOW)


DETAILED INFORMATION
Location
Warsaw, IN
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,726
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The building consists of 2726 square feet with .4 acres fenced in area, there is one drive - through bay and 2 additional overhead doors. Equipment will be included in marketing package.
Competition
There are very few Oil Change and light mechanic shops in Warsaw, so social media could expand customer.
Growth & Expansion
The 2 bays that are being used for race car storage can be utilized to expand business AND CREATE MORE PROFIT.
Financing
Seller financing for quailfied buyer (mechanical ability)
Support & Training
Owner will stay on to insure a smooth transition to the new owner. Owner will help qualified buyer to complete transaction.
Reason for Selling
Retirement to drag race full time.
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Jerry Long
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Jerry Long