Northern Cincinnati Branded Auto Repair Company
Asking Price: | $650,000 |
Gross Revenue: | $3,221,000 |
Real Estate: | $1,550,000 |
Cash Flow: | $179,000 |
FF&E: | $120,000 |
Available for purchase is a well-established Northern Cincinnati area branded full-service auto repair company.
INVESTMENT HIGHLIGHTS
• Long established business in its industry/marketplace
• Eight bays
• Brand recognition locally; known for honest friendly customer service
• Long tenured staff to assist management
• 1.38 acre of property; building has ample room for storage
• Owner doesn’t do mechanical work, oversees business operations and customer service
REASON FOR SALE:
Retirement
PURCHASE PRICE:
The purchase price for all business operations, including equipment and inventory, free and clear from liability is $650,000. The property (1.38 acres) and building is for sale at $1,550,000, or the seller is willing to lease the land/building starting at $12,500 monthly and increasing yearly by 2% for a period of 15 years with (2) five year options.