Asking Price: $250,000

Inventory: $250,000 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Seller Financing: $75,000 down. Seller will hold balance for 7 years at 7% interest. Seller will consider providing an appraisal on FF&E as well as inventory.

This is an asset sale of repair equipment, tools, fixtures, and inventory of power steering gear boxes. Seller says that there is $250,000 in inventory of gear boxes that have been rebuilt and ready to sell. He has been in business 24 yrs. and has long standing relationships with car dealers, repair shops, automotive businesses and vendors in the community. The seller is not utilizing the internet or doing any marketing to expand his sales. He has lost interest in working at this stage in his life.

There is a great opportunity to sell his product to antique car collectors looking for parts that need to be rebuilt or even new cars that need rebuilt gear boxes.

Year Established: 1984

Employees: 1 full time -

Relocatable: Yes

Facilities: This is a asset sale but the owner has established the business for 24 years and is moving to a better facility that can be taken over on a month to month basis of $600 a month. The buyer has great flexibility with this deal.

Market Outlook and Competition: The seller is not utilizing the internet or doing any marketing to expand his sales. He has lost interest in working at this stage in his life. There is a great opportunity to sell his product to antique car collectors looking for parts that need to be rebuilt or even new cars that need rebuilt gear boxes

Management Training and Support: Seller will train new buyer how to rebuilt the gear boxes from his inventory of cores, nuts, bolts, and other parts to create the finished product for any new orders for up to 6 mos without compensation.

Reason For Selling: Retiring.