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Successful Auto Repair European Specialists
Location Indiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $750000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 6 - 9
Inventory 250000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Building a business in Mexico.
Description Established in 95 it has grown from a 1 man shop to a 4 technician 7 employee business Commitment to transparency, clear communication caused the business to grow more than any other in the area Growth has come from word of mouth referral coming from both excellence in normal service and the ability to tackle the tough jobs In 2007 the center portion of the building burnt down and was rebuilt with all of the best for smooth operation of the shop with added benefits like in floor radiant heat, in floor exhaust extraction, a control center overlooking the complete shop, state of the art high efficiency lighting, two alignment bays with the equipment able to roll back and forth between them, dual top of the line compressors with all aluminum state of the art air lines, outlets every 10 ft. or less, dedicated ground outlets every 30 ft. or less, a one way flow through the shop with only two doors (in and out) and the ability to add on and grow towards the rear with no mahor alterations to the existing and advantaging from the existing systems The business is unique in its internal process and is known for accuracy in diagnostics like no other both because of the processes developed and the high level of communication The technical side of the business has the personnel that will remain, the counter and accounting personnel will need to be replaced in a 3 to 6 month period The owners are currently in process of developing a real estate/hotel business in Mexico and requires frequent trips and time involvement and selling at this time is becoming a necessity The business Warsaw, IN, a small prosperous city that has an increasing number of european vehicles which are known to be the specialty of the shop The equipment is state of the art and much of it was replaced after the fire Building value $400,000 Equipment exceeds $250,000 Will sell building/equipment/business for $850,000 or split as needed. Email or call Norman Alan Hoyt at cell 574-453-8470.
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