Commercial Automotive Equipment

Springfield, OH
Clark County

Central Ohio


Asking Price: Annual Revenue:
$1,650,000 $3,847,143

Automotive & Boats: Auto & Truck Repair & Service


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RE: Commercial Automotive Equipment Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,650,000 12.5% Buyer Down Payment: $206,250 12.5% Seller Financing: $206,250 75% Bank Loan: $1,237,500

Quick Facts

Asking Price: $1,650,000
Annual Revenue: $3,847,143
Net Profit: Not Disclosed
Cash Flow: $433,655
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 10
BBN Listing #: 503034398
Broker Reference #: SER061

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Business Overview:

An industry expert located in Central Ohio, this automotive company with $765,000 in assets sells equipment to auto shops, municipalities local automotive care businesses, fleet shipping companies, career schools, as well as national chain lube stations. Lifts, compressors, fluid inventory controls, AC recovery, and fans are some of the industry specific product lines offered. The majority of revenue comes from the sale of equipment, yet service and repair accounts for 22% of total income. Work and service repair are often completed on-site at the customer’s business.

The 12,000 square feet of space contains a large, 2,000 square foot office, with the remainder (10,000 sq. ft.) being warehouse. The warehouse has open and rack storage, a loading dock as well as two large overhead garage doors. This space will be available for continued lease from the current owners.

In a continuation of successes, further diversification of clients can be found in expanding the enthusiast or trucking customer base as well as cross-industry companies that rely on the technology sold by this business. Companies include manufacturers or distributors that utilize compressors or who need lubrication systems to run their equipment.

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Property Features and Assets:

Equipment: $275,000: Vehicles, furniture, fixtures, and equipment Average Inventory: $190,000 Average A/R: $300,000 Current Contracts: $2,000,000+ *amounts may vary Intangible Assets: Very diversified customer base, positive reputation, many long-term customers, good GC relationships, reputation for completing projects their competitors cannot.

Reason for Selling:

Retirement Planning

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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