Asking Price: $278,000

Cash Flow: $94,000

Inventory: $500 (Included in Asking Price)

FF&E: $3,500 (Included in Asking Price)

Seller Financing: Based upon many years of solid cash flow, the biz is pre-approved by a “preferred” SBA lender!

Like me, do you love the smell, solid feel and quiet ride of a new car? You’re not alone; most people can’t get enough of both! The automotive companies know this all too well and strive to provide complete satisfaction…their production lines represent the very latest technology and quality standards, but they aren’t perfect and never will be perfect…a small percentage of vehicles will always need the help of a trained technician to insure complete customer in-cabin satisfaction. This gap between what emerges from the production line and what customers expect has created the opportunity for a unique and incredibly profitable business. Imagine, you get the opportunity to get your hands on some of the industry’s newest models and you’ll be well paid for the experience! This is an opportunity to make a “turn-key” purchase of a long established business that generates an unprecedented 90%+ cash flow…and better yet, based upon the consistent financial performance of this business, it has been pre-approved for an acquisition loan by a “preferred” SBA lender! For less than $60,000 down, the business would pay for itself and still leave you with more than $50,000/year in cash flow…yes, that’s after debt service and without employees! The business is scalable, so add employees and you’ll add to your $50K/yr in cash flow!

Year Established: 1989

Employees: 1 full time -

Relocatable: Yes

Home Based: Yes

Facilities: This can be a home based business requiring no dedicated office space, or you may opt for an “Executive Office” space in a commercial office building with filing cabinet, a desk, an answering machine and a phone. The choice is yours, but either way most of your time will be spent at automotive dealerships.

Market Outlook and Competition: This business, well-known amongst dealers, was the first of its kind in Chicagoland and has been providing local dealerships with services for over 19 years. Other than the dealers, most people don’t know this type of business exists…although the dealers are your customers, ultimately it is the OEMs that pay for your services and both are very happy to employ you! This business has provided steady income, with incredible cash flow from long-time clients for nearly 20yrs! The owner prefers to do his work "hands-on". He has not been active in seeking additional work despite the fact that the demand for services has always outstripped his capacity. Each added technician can add 100% more in revenue and the demand for these services is there!

Management Training and Support: This would include an in-depth training program to educate you in every facet of the business. The seller estimates that training would require approximately 30 days…no previous automotive repair experience is required.

Reason For Selling: Investments of cash from this business have taken the seller in a totally new direction