MergerPlace

Auto Repair Shop with Available Building

Ohio (Cuyahoga)


  • Asking Price: $349,000
  • Gross Income: $800,000
  • Cash Flow: $121,746
  • Real Estate: Not Disclosed
  • Inventory: $176,000
  • FF&E: $45,000
  • Listing ID: #225066
  • Established: 1990
  • Employees: 3 FT

Business Description

Automotive Repair Center with over 30 years of history under the same owner. The business is a full-service garage with 3 fully equipped garage bays & 3 full time, experienced technicians that service the motorist public five days a week Monday through Friday. Weekends Off! The business is known for its attention to detail and excellent customer service as evidenced by all review platforms. In a world where motorists don’t know who to trust concerning their vehicles, the owner and his staff have established a name for themselves in this location as experienced automotive mechanics worthy of consumer’s trust. All needed diagnostic equipment is in place, and this should be considered a turn key business. The building will also be available for sale through Beau Quest Realty for an additional $125,000. The small business administration is offering considerable stimulus benefits to buy this business through the end of September of 2021.


Business Details

Primary Business Category: Services - Other Services
Location: Ohio
County: Cuyahoga

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $349,000
Gross Revenue: $800,000
Cash Flow: $121,746
FF&E: $45,000
Inventory: $176,000
Seller Financing Available: No

Property Information

Facilities:

The building is being offered for $125,000 through Beau Quest Realty. 2,397 Square Feet with 3 bays complete with lifts.

Growth & expansion opportunities:

With more employees and remaining open later in the evening and on weekends, the business could be grown. It may also be possible to purchase an adjacent lot for expansion.

Competition:

The business has remained strong for over 30 years in spite of local competition.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost An owner operator with automotive experience would be ideal.

Contact Business Seller

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Business Listed By:

Bill White Jr

Murphy Business Brokers