Automotive Service Equipment

Business
  • Listing# : 14631
  • Listed Price : $589,000
  • Total Sales : $1,900,000
  • SIC : 7549
  • Down Payment : $400,000
  • Status : Active
  • Discretionary Earnings : $219,000

Business Type :

Automotive / Auto Parts/Accessories; Distribution / Dist-Auto Products

Business Description :

The Company is primarily a seller, installer and servicer of equipment used by car dealers, auto repair shops and any company that services their own fleet of vehicles and individuals who service their own vehicles. They represent top manufacturers in the industry, some of whom they have exclusive and semi exclusive arrangements. The Company sells tire changers, car lifts, wheel balancers, alignment machines and other automotive service related equipment. Their gross margin is in the 30-35% range. Seasoned installers/service technicians. Clients are about 70% from MA, 15% CT, 10% RI and 5% other New England states. This well established Company (over 30 years) provides stellar customer service with most customers being repeaters or referrals. Other than their web site, they do no marketing to get new customers. Business includes 2 vehicles with cranes. Seller will train a qualified buyer. Perfect for an owner operator with sales and marketing skills. Company has revenues of approx. $1.9 Million with an owner operated cash flow in excess of $200k. Price includes $100k in inventory.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl : Available
    • Inventory $100,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $75,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $175,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Automotive, Distribution
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