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ACQUISITION
OPPORTUNITY S-1766
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 convenient location
providing exceptional access to retail customers.
The business is also very close and accessible to many
commercial and industrial customers.
INVESTMENT HIGHLIGHTS:
·
Well-established business- 20+ years
·
Excellent sales and profitability
·
Excellent training and support available
·
No technical knowledge or experience necessary
·
Transition training to be provided by the seller
·
Long time, experienced staff in place
·
Bank financing available for qualified buyer
PURCHASE PRICE:
The business is offered at $300,000 free and
clear of debt. Fixed
assets, inventory and all intangibles are included in the purchase.
FINANCIAL SUMMARY:
|
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2003
Estimate
|
2002
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2001
|
2000
|
1999
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Assets
|
|
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Sales
$
|
850,000
|
775,000
|
755,000
|
742,000
|
861,000
|
|
Recvs, WIP
|
$ 40,000
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ACF
$*
|
115,000
|
113,000
|
77,500
|
85,700
|
133,000
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Inventory
|
5,000
|
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Note:
2003 estimate will be exceeded.
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Equipment
|
100,000
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