Business Type: Full Service Auto Repair and Tire Retail Business
Location: Allen County, Indiana
Business Description: Long established tire retail and full service auto repair business. The company offers a wide range of services from oil changes to complete engine overhaul. Skilled technicians are in place and capable of managing the company if desired by new owner.
Facility/Real Estate Description:
The facilities have a total of 4,400 square feet with 6 service bays, office area, storage and loft space for storage. The seller owns the property in a separate corporation and receives monthly rent from the business.
Asking Price: Business – $275,000 + Inventory (+/- $40,000)
Real Estate – $250,000
Gross Income: $783,773 (2018), $850,172 (2019), $622,797 (thru Oct 2020)
Cash Flow: $91,126 (2018), $91,196 (2019), $48,296 (thru Oct 2020)
Inventory: +/- $40,000
Established: 1973
Employees: Owner operator and 5 employees
Growth & Expansion: Excellent opportunity for the person ready to own and manage their own established, successful company.
Excellent add-on to multiple service locations
Potential for new owner to take the company to a new level
Reason for Selling: Retirement
For more information, please contact: Jack Boersma
Cell: (260) 402-1423
Email: Jack@BIBGroup.net