Business For Sale

Automotive Service Equipment

Not Disclosed, MA
Norfolk County

Norfolk County


Asking Price: Annual Revenue:
$589,000 $1,900,000

Automotive & Boats: Auto Retail - Auto Parts


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RE: Automotive Service Equipment Broker: Ira Rashap
Owner Financing is Available!
$400,000 Down / $189,000 for 60 months @ 6%

Quick Facts

Asking Price: $589,000
Annual Revenue: $1,900,000
Net Profit: Not Disclosed
Cash Flow: $219,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 3
BBN Listing #: 65544955
Broker Reference #: 3002-14631

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Business Overview:

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 $200,000. Price includes $100,000 in inventory.

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Property Features and Assets:

Free standing building with parking in a mixed residential/industrial area Space is 3,120 square feet including an office area and warehouse space for the inventory and vehicles. The real estate is owned by the Seller, who will consider a purchase of the real estate, which also includes a house next to the facility. The proposed rent for the facility would be $3,500/month. Gross lease. 2015 Ford F550 with Crane 2016 Chevy LCF with Crane Fork Lift Total Assets: $175,000

Market Competition and Expansion:

While there is a fair amount of competition for these products, the Company sells a very good quality product and offers delivery and installation of their equipment, which is many times not the case with competitors. They also have an excellent reputation for customer service, based on the quality of their installers/service technicians and the attitude of the Company to satisfy their customers. Install for manufacturers National Accounts Broader category offerings Proactive marketing for new customers Offer service on lifts not sold by the Company Expand website Consider hiring a sales person.

Reason for Selling:

Retirement.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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