Offered Exclusively Through Keate Partners

 

ACQUISITION OPPORTUNITY S-1733

AUTO PAINTING/ AUTO BODY REPAIR

This is a well-established (20+ yrs.), well-run auto collision and body repair and cosmetic painting business.  This Cincinnati business is located in a well-populated suburb providing exceptional access to retail customers.  The business is also very accessible in an excellent commercial and industrial area providing the opportunity to serve retail customers and commercial/fleet accounts. 

INVESTMENT HIGHLIGHTS: 

·         Well-established business- 20+ years

·         Steady sales and profitability

·         Excellent training and support available

·         No technical knowledge or experience necessary

·         Transition training to be provided by the seller

·         Current owner involved on a part-time basis

·         Location! Location! Location! High traffic count, great visibility

·         Seasoned staff in place

·         Bank financing available for qualified buyer

·         Attractive Lease- 7,500 S.F.; $2,800 per month

 PURCHASE PRICE:

The business is offered at $385,000 free and clear of debt.  Fixed assets, inventory and all intangibles are included in the purchase.

FINANCIAL SUMMARY:  

 

2001E  

9 months

2001  

2000  

1999  

Assets Included
Sales

$697,000

 $523,000 $698,000 $752,000

Inventory

$  15,000
ACF 156,000 117,200 146,000 158,000

Fixed assets

160,000
         

Intangibles/Goodwill

210,000

ACF (Adjusted Cash Flow) is the pretax cash flow of the company prior to expenses of seller’s salary, depreciation, and certain seller discretionary expenses that will be eliminated upon the sale of the business.

FOR FURTHER INFORMATION CONTACT KEATE PARTNERS (513) 241-3700