BUSINESS FOR SALE S-2562

Automotive Repair & Collision Service Center

Offered for sale is a seven bay, full-service automotive service & collision center located in the Northern Cincinnati suburbs. Conveniently located on a heavily traveled access road near I-275.

Investment Highlights:

• Full service auto repair & collision center
• 7 bays including four lifts and 4 current mechanics
• Well-constructed and maintained free-standing building totaling 5000 sq. ft.
• Great location on high traffic road
• Fully equipped facility with full service capabilities
• Semi downdraft paint booth with 1 million BTU furnace
• Integrated heating systems running off used motor oil reduces utilities
• Opportunity for corporate fleet account with nearby business

REASON FOR SALE:
Owner is retiring.

PURCHASE PRICE:
This opportunity is being offered as an asset sale, including all the business assets and inventory for $395,000, free and clear of all debt.

P&L SUMMARY:201820172016
Total Revenue        664,354        595,707            598,841
Gross Profit        434,064        376,328            377,442
ACF        197,699        154,271            159,225
ACF: Net Income / Cash Flow of the business before owner salary, perks, interest & depreciation.
ASSETS INCLUDED IN PURCHASE:
Furniture, Fixtures & Equipment (cost)        301,215

 

DETAILED OFFERING MEMORANDUM IS AVAILABLE
For Further Information Contact:
KEATE PARTNERS, LTD.
1095 Nimitzview Dr. Suite 201
Cincinnati, OH 45230
(513) 241-3700 Fax (513) 672-9386
www.keatepartners.com
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