Owner Financing is Available!
Business Overview:
If you like cars, then this business is for you. Are you are a good people manager and sales savvy but not technical. Lean on a couple of the key employees while you learn the more technical side of the business. This business has 3 distinct segments that are inter-related and feed off each other. First is recon of cars for resellers that sell at one of the largest auto auctions in the world as well as for other used car dealers and the public. This company's scope of recon services is broad and gives it an advantage over most other competitors offering a more limited scope of services. The second segment is selling used cars on-site. The recon business supports this activity and enables the owner to use the same skills and expertise he sells to others for his own in-house sales. A good visible location in a modest income area provides a steady flow of customers looking to buy cars. And the third segment is general auto service and repair. Again, these resources and capabilities are also used to support the other two segments. Add on a few other miscellaneous services the company provides and you have a diversified company that is nimble and was able to sail right through the recession with pretty steady results. This business is situated in an excellent location near a huge and growing market for the company's products and services. And if you want to further diversify and reduce risk, buy the real estate which has 5 rental units rented to unrelated parties. This business is recession resistant - if the economy gets worse, more people will hang on to cars and need more repairs and maintenance. Ideal opportunity for a service manager, sales professional or anybody that loves cars. The deal has been run by an SBA(Small Business Administration) lender who is ready to go for a qualified buyer. And the seller will help with financing to reduce the down payment required from the buyer. Don't wait - check this one out today!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business has all the equipment needed for auto detailing and general auto repairs. The real estate can be leased or purchased and contains 5 rental units unrelated to the business that generate $3,000 per month of rental income.
Market Competition and Expansion:
The business engages in 3 primary activities that are synergistic and complimentary.
This provides diversification, differentiates the business from competitors by being a one-stop shop for services, and reduces risk in any one area. The business is located on a busy highway near an established community and with substantial recent commercial and residential development and more growth planned. By providing services related to the Mannheim Auto Auction, this company has customers from as far away as North Carolina and Michigan.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: