Business For Sale Listing 146368
Auto Equipment Supply, Service & Installation
Status as of Jan-9-2009 at 06:01 PM: Active
Business Summary
IT IS YOUR LUCKY DAY! ILLNESS FORCES SALE OF 50-YEAR-OLD FAMILY BUSINESS THAT HAS SUPPORTED 3 GENERATIONS. PRICED TO SELL!!
Everyone I talk to says find me a good business that's for sale because of illness in the family or the owner is ready to retire and there are so few of those kinds of businesses that come on the market. This is one of those and it won't last long.
Automotive Service Equipment Design, Sales, Installation and Service Company. Asking Price $149,000.00 plus inventory (approximately $25,000.00); SDE $131,551.00. Reliable financial information available.
Business qualifies for SBA guaranteed business acquisition loan provided you qualify. You will need about $60,000.00 in cash for a downpayment. Incorporated in 1958 this business celebrates their 50th year serving the needs of auto dealerships and auto repair shops by providing the design, sales, installation and service of lifts, hydraulic equipment, air compressor equipment and systems, fluid flushing systems, etc.
This family business was passed from father to son and has supported three generations. The current owner has health issues that no longer allow him to actively or passively operate the business. No other family members have the skills or desire to take over the business. The good news is it comes with a strong management team consisting of a general manager, a lead technician and an office manager all with years of experience. This team can help you in your transition to owner.
This is a great business! During the 50 years it has been in business they have developed a terrific reputation for quality and customer service. The company is well known and the go to solution for it's customers. Long-standing customer relationships exist with end users, architects, and contractors. Owner has in the past handled all new project installations from design & sales to final installation.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,081,407) |
| Profits: |
Between $100 Thousand and $500 Thousand (131,551) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (149,000) |
