This well located Northern Kentucky business performs service work (66% sales) such as mechanical repairs, tune-ups, brake work, oil changes, alignments and sells tires (34% of sales).

HIGHLIGHTS:

·        Great location in growing suburban area

·        Newer four bay location

·        Excellent opportunity for owner/operator or additional location for existing operation

·        Owner will continue as manager if desired

·        Attractive lease

·        Building has recycled oil burner to reduce heating costs

PURCHASE PRICE:

The business is offered for sale as an asset purchase, free and clear of all debt and liabilities for $159,000.  Down payment is $74,000.  The equipment may be leased for $85,000 at 4% for 60 months, making the payments $1,565 month.  

FINANCIAL SUMMARY: (000’s)

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.   ACF = net profit + seller salary + depreciation + seller discretionary expenses