MergerPlace

Auto Aftermarket Parts and Service Co

Cincinnati, Ohio (Hamilton)


  • Asking Price: $450,000
  • Gross Income: $1,130,000
  • Cash Flow: $165,000
  • Real Estate: Not Disclosed
  • Inventory: $12,000
  • FF&E: $15,000
  • Listing ID: #213522
  • Established: 1979
  • Employees: 3

Business Description

With sales averaging over $1,100,000 and owner earnings averaging over $165,000 the past 3 years, the retirement aged seller of this independent and 45 year - old business is ready to transition to a qualified buyer. This company provides a complete range of services from sales to service & repair and installation. The company also offers a scheduled maintenance plan to ensure that they maintain relationships with their customers. This business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Long tenured staff
Much growth potential
Price includes all equipment
Located in Cincinnati on a 1 - acre site
Long established business in its industry
Clean books & records – all numbers are verifiable


Business Details

Primary Business Category: Services - Other Services
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $450,000
Gross Revenue: $1,130,000
Cash Flow: $165,000
EBITDA: $165,000
FF&E: $15,000
Inventory: $12,000
Seller Financing Available: No

Property Information

Facilities:

The facility is around 2,000 square feet and sits on a lot just less than 1 acre. It is located close to the interstate with good frontage exposure.

Growth & expansion opportunities:

Very little to no advertising has ever taken place for the business. Digital advertising along with calling on automotive dealers and auto related companies should result in more sales.

Competition:

The 45 – year positive reputation of this business produces many sales from referrals through the years. Competition exists in the industry, but not to a great extent.

Reason for selling:

The seller is of retirement age, has owned the business for over 30 years, and wants to have some free time.

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers