Auto Service Business with Real Estate and Tenant Income

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Asking Price:
$1,589,000

Gross Revenue:
$757,000
Cash Flow:
$112,400
EBITDA:
$125,800
Inventory:
$8,400
included in asking price

FF&E:
$219,000
included in asking price

Real Estate:
$1,300,000
included in asking price

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Business Description

Successful operating full service Auto Repair business including Fantastic Real Estate, FFE, Inventory. 7 years of operations. Huge upside potential. Very good area and location visibility with great demographics. Avis/Budget rental office provides monthly income of $4,400 +.

About the Business

Location:
Loveland, Ohio
Year Established:
2012
Number of Employees:
5
Real Estate:
Owned
Building Sq. Ft.:
7,168
Facilities:
The property is a well located and beautiful facility which is owned. A smaller space is leased which brings in over $4000 per month revenue.
Market Outlook/
Competition:
Minor competition in the area. Affluent demographics, great visible location with easy access. Lighted sign on roadway.
Growth & Expansion:
Steady growth since opening 7 years ago. Very high potential to grow the business from where it is today to a $1,500,000 -$2,000,000 business. Gold mine ready to be mined!
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About the Sale

Reason For Selling:
Age of majority business partner
Training/Support:
Existing staff will remain and provide support and training including managing partner.

Listing Info

ID:
1603078
Ad Detail Views:
0

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Business Listed by

Brian Allardt

Coldwell Banker Commercial The Real Estate Group
License# RB14013784

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