Northern Cincinnati Branded Auto Repair Company

Cincinnati, OH
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Asking Price:$650,000
Gross Revenue:$3,221,000
Real Estate:$1,550,000
Cash Flow:$179,000
FF&E:$120,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Cincinnati, OH
Inventory
Not Included in asking price
Real Estate
Owned
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building is available for sale or lease.
Support & Training
Seller will provide transition assistance.
Reason for Selling
Retirement
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Mike Goldstein
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Mike Goldstein