Hot Listing
Vehicle Lifts, Parking lifts, Vertical Reciprocating Conveyers
Business Description
Established Vehicle Service Equipment Distributor - Lake County, Illinois
This well-established automotive service equipment distributor has been serving the market since 2000, specializing in the sales, installation, and servicing of comprehensive vehicle service solutions. The company offers light- and heavy-duty vehicle lifts, parking lifts, vertical reciprocating conveyers, hydraulic freight lifts, compressed air systems, oil and lubrication delivery systems, and vehicle exhaust extraction systems.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $1,900,000
• Cash Flow (SDE): $688,000 (36% margin)
• EBITDA: $563,000
• Strong financial performance with consistent profitability
BUSINESS STRENGTHS:
• Full-service model covering sales, installation, and ongoing service
• Diversified product portfolio serving automotive service industry
• Established customer base with recurring service revenue streams
• Experienced team of 8 employees
• Stable market with consistent demand for automotive service equipment
• Strategic location in Lake County, Illinois
GROWTH POTENTIAL:
• Current owner believes marketing-savvy buyer could accelerate growth
• Existing web presence with no pay-per-click advertising represents untapped opportunity
• Stable market fundamentals support expansion initiatives
• Established infrastructure ready for scaling operations
OPERATIONS:
• 4,800 sq ft leased facility through December 2026
• Monthly lease: $3,000
• FF&E valued at $110,000
• Inventory value: $40,000
• Turn-key operation with trained workforce
OWNER SUPPORT:
• Seller retiring after successful ownership tenure
• Up to 6 months post-closing consulting available
• Seller financing available: 10% note over 36 months
• Comprehensive transition support included
This represents an exceptional opportunity to acquire a profitable, established business in the essential automotive service equipment sector. The company has demonstrated remarkable growth from $500,000 to $1,900,000 in annual revenue under current ownership, showcasing the business model's effectiveness and market demand.
Ideal for buyers seeking immediate cash flow with expansion potential in a recession-resistant industry serving the automotive repair and service market.
This well-established automotive service equipment distributor has been serving the market since 2000, specializing in the sales, installation, and servicing of comprehensive vehicle service solutions. The company offers light- and heavy-duty vehicle lifts, parking lifts, vertical reciprocating conveyers, hydraulic freight lifts, compressed air systems, oil and lubrication delivery systems, and vehicle exhaust extraction systems.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $1,900,000
• Cash Flow (SDE): $688,000 (36% margin)
• EBITDA: $563,000
• Strong financial performance with consistent profitability
BUSINESS STRENGTHS:
• Full-service model covering sales, installation, and ongoing service
• Diversified product portfolio serving automotive service industry
• Established customer base with recurring service revenue streams
• Experienced team of 8 employees
• Stable market with consistent demand for automotive service equipment
• Strategic location in Lake County, Illinois
GROWTH POTENTIAL:
• Current owner believes marketing-savvy buyer could accelerate growth
• Existing web presence with no pay-per-click advertising represents untapped opportunity
• Stable market fundamentals support expansion initiatives
• Established infrastructure ready for scaling operations
OPERATIONS:
• 4,800 sq ft leased facility through December 2026
• Monthly lease: $3,000
• FF&E valued at $110,000
• Inventory value: $40,000
• Turn-key operation with trained workforce
OWNER SUPPORT:
• Seller retiring after successful ownership tenure
• Up to 6 months post-closing consulting available
• Seller financing available: 10% note over 36 months
• Comprehensive transition support included
This represents an exceptional opportunity to acquire a profitable, established business in the essential automotive service equipment sector. The company has demonstrated remarkable growth from $500,000 to $1,900,000 in annual revenue under current ownership, showcasing the business model's effectiveness and market demand.
Ideal for buyers seeking immediate cash flow with expansion potential in a recession-resistant industry serving the automotive repair and service market.
About the Business
- Years in Operation
- 25
- Employees
- 8
- Facilities & Assets
- Service facility building with several tenants, FF&E in profile
- Market Outlook / Competition
- Stable market, cars always needs repairs and as such lifts need servicing
- Opportunities for Growth
- Stable, we belive a buyer who knows marketing can grow company faster then seller as they only have a web with no PPC.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,800
- Rent
- $3,000.00 per month
- Lease Expiration
- 12/31/2026
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will be consultant to buyer up to 6 months post closing.
- Financing Options
- Seller will finnace 10% note, 36 months
Listing Info
- ID
- 2395923
- Listing Views
- 1026
Attached DocumentsAttachment Disclaimer
Listing ID: 2395923 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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