Price:
$
170,000
Profitable Automobile Service & Repair
Profitable Automobile Service & Repair
Ohio
$
170,000
Offered for sale, a well-established and respected auto repair and service center in the Cleveland, Ohio area, boasting over 13 years of experience. Located in a densely populated area on a high-traffic street, it offers a variety of automotive services under one roof: auto repair, A/C services, tire changes with balancing, alignment rack, and more.
The company's strong identity in the area fosters a loyal and expansive customer base. Understanding their diverse needs, preferences, and behaviors enables the center to tailor its services and marketing efforts effectively, fostering long-term relationships and loyalty. Additionally, it routinely supports an associated car sales retailer. Staffed by a dedicated team of three highly skilled and experienced employees, their commitment to the business and community drives its success.
Financial stability is a hallmark of this enterprise, with reported revenues of $306,000 in 2024, $268,000 in 2023, and $285,000 in 2022. Seller Discretionary Earnings (SDE) reflects the business's financial health, standing at $50,000 for 2023 and 2022, with a similar expectation for 2024. For potential buyers, this represents a lucrative opportunity to enter or expand within the automobile repair market.
With the current owner seeking retirement, the business presents a solid foundation for new ownership to leverage its reputation and explore further growth prospects. This transition offers an exciting venture for those ready to build upon a legacy of excellence in the Greater Cleveland area.
The seller requests that interested buyers demonstrate commitment to confidentiality by signing a non-disclosure agreement (NDA) and becoming qualified buyers before certain details are released. This safeguards privacy and ensures a secure transaction process aligned with industry best practices. These measures also serve as evidence of buyers' genuine intent and financial capability.
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Property Types
Listing Details
Profitable Automobile Service & Repair
Location:
Ohio
Down Payment: $ 17000
Year Established:
2012
Gross Revenue:
$
300000
Cash Flow:
$
50000
Home Based:
No
Franchise:
No
Relocatable:
No
SBA Prequalified:
No
Lender Prequalified:
No
Full-Time Employees:
3
Inventory Included:
No
Real Estate Available:
Yes
Real Estate Included:
No
FF&E Included?:
Yes
FF&E Value:
$
120000
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
Offered for sale, a well-established and respected auto repair and service center in the Cleveland, Ohio area, boasting over 13 years of experience. Located in a densely populated area on a high-traffic street, it offers a variety of automotive services under one roof: auto repair, A/C services, tire changes with balancing, alignment rack, and more.
The company's strong identity in the area fosters a loyal and expansive customer base. Understanding their diverse needs, preferences, and behaviors enables the center to tailor its services and marketing efforts effectively, fostering long-term relationships and loyalty. Additionally, it routinely supports an associated car sales retailer. Staffed by a dedicated team of three highly skilled and experienced employees, their commitment to the business and community drives its success.
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