Auto Shop: Prime Location and High Profit Margins! (17977)

Indiana

Seller Financing Available

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Asking Price:$725,000
Gross Revenue:$500,099
EBITDA:$160,000
Real Estate:$350,000
Cash Flow:$160,000
Inventory:$4,000
FF&E:$80,000
Established Year:1985
BUSINESS DESCRIPTION

Boasting profit margins of 50%, this automotive repair shop provides car maintenance, suspension, alignment, exhaust and brake services.
As target sales pass the $530K mark, total Revenues reached $500,099 last year alongside Discretionary Earnings of $251,447 and EBITDA of $160,000.
Significant growth opportunity with increased commercial accounts as 15% of sales come from fleet accounts.
Highly visible location in West-Central Indiana, the 9500 SF facility is available for purchase separately.
Estimated value of $350,000, subject to appraisal, the property features 9 bays with 6 lifts and 3 overhead doors, blacktop parking, a new roof, and easy access to the main area on a state road.
With the key employee likely to stay, the sellers are flexible to stay on to acclimate new management.
Basic website and moderate forms of marketing from radio, digital and print media maximize customer outreach and referral sources.


DETAILED INFORMATION
Location
Indiana
Inventory
Included in asking price
Real Estate
Owned
Building SF
9,500
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property is available for separate purchase.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
As key staff likely is to stay, Owners are flexible to stay on to help transition to new management.
Reason for Selling
Approaching retirement and/or pursuing other interests.
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Jason
Hullender
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Jason Hullender