Business For Sale Listing 157844
SBA Approved Auto Related Biz…No Employees!
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
Like me, do you love the smell, solid feel and quiet ride of a new car? You're not alone; most people can't get enough of both! The automotive companies know this all too well and strive to provide complete satisfaction…their production lines represent the very latest technology and quality standards, but they aren't perfect and never will be perfect…a small percentage of vehicles will always need the help of a trained technician to insure complete customer in-cabin satisfaction. This gap between what emerges from the production line and what customers expect has created the opportunity for a unique and incredibly profitable business. Based upon the consistent financial performance of this business, it has been pre-approved for an acquisition loan by a "preferred" SBA lender! For less than $60,000 down, the business would pay for itself and leave you with more than $50,000/year in cash flow…yes, that's after debt service! The business is scalable, so add employees and you'll add to your $50K/yr in cash flow! This can be a home based business requiring no dedicated office space, or you may opt for an "Executive Office" space in a commercial office building. The choice is yours, but either way most of your time will be spent at automotive dealerships. This business, well-known amongst dealers, was the first of its kind in Chicagoland and has been providing services for over 19 years. The owner prefers to do his work "hands-on". He has not been active in seeking additional work despite the fact that the demand for services has always outstripped his capacity. Each added technician can add 100% more in revenue and the demand for these services is there!
Support/Training: This would include an in-depth training program to educate you in every facet of the business. The seller estimates that training would require approximately 30 days…no previous automotive repair experience is required.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand |
| Profits: |
Under $100 Thousand (94,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (268,000) |
