THE Business for Sale Marketplace

Candidate is an ASE certified automotive service station located in suburban Chicago. The business has a significant client base of commercial and residential clients, the majority of which are located within a 20 minute drive of the location. The business has been in existence for over 35 years and enjoys an excellent reputation throughout the community. The current owner purchased the company from the original owner in January 2008 and has implemented several changes which have significantly increased revenues and profits. Increased advertising, storefront improvements and equipment changes have all helped the current owner significantly increase sales from approximately $1,350,000 in 2007, to a projected $1,725,000 in 2008. A new owner can gain from the current owner’s investments in 2009 and beyond. With 12 service bays, the business provides significant cash flow to the owner and is an excellent opportunity for continued investment. There are a number of new business opportunities that the company could become involved in with minimal additional investment. Providing services for companies with fleets of automobiles, as well as adding additional services in the main shop are all avenues for continued revenue growth. However, the current owner’s implemented changes will provide a new owner with significant continued cash flow without significant investment. Based on proven results from the new owner’s investments, 2009 revenue will likely be very close to $2,000,000, with a projected EBITDA of $445,000.