Offered Exclusively Through Keate Partners

 

ACQUISITION OPPORTUNITY S-1756

Auto Mechanical Repair/Service and Tire Dealer

PROFILE:

This well-established business (+ ten years) performs service work (75% sales) such as tune-ups, brake work, oil changes, alignments and sells tires (25% of sales).

 HIGHLIGHTS:

 ·       Well-established business- 10+ years

·        Excellent eight bay location in affluent suburb

·        Very Profitable

·        Owner Retiring 

PURCHASE PRICE:

The business is offered for sale as an asset purchase, free and clear of all debt and liabilities for $450,000.  Assets included in the sale:

             Equipment (Owner’s Est. FMV)             $  100,000

             Inventory                                                      $    25,000

 

            FINANCIAL SUMMARY  ($000)  

 

FYE 3/2002

FYE 3/2001

FYE 3/2000

Sales

870

802

745

Gross Margin

359

348

304

ACF

180

176

167

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 Call

       KEATE PARTNERS

          (513) 241-3700

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