Asking Price: $215,000

Gross Revenue: $392,674

Gross Revenue Comments: Proforma 2008 based on $306,268 for 2007

Cash Flow: $93,916

Cash Flow Comments: Dsicretionary C. Flow to Owner/Operator in 2007

Real Estate: $415,000 (Not Included in Asking Price)

Seller Financing: Seller may consider seller financing for the real estate.

This is a well run automotive service business at a well established location since the eighties. The absentee owner is running this business as if he will own it for ever although he wants to sell it and devote his attention to other businesses. The past several months the Seller has undertaken the following initiatives: (a) Increased prospecting efforts for car fleets of small companies around the area; (b) initiated contacts with insurance companies who are connected to the company's web site and (c) renovated the landscaping of the shop including seeding new plants and putting new top. These initiatives seem to have improved the business as evidenced by the increase in the company's sale increase in the first half of 2008 by 28% (2008: $178,274 vs. 2007: 139,086; the proforma for 2008 sales is $392,674 based on the YTD performance) with an even better growth rate in the bottom line.
It is worth noting that this is an ASE CERTIFIED automotive repair shop.
REAL ESTATE: The real estate of the business is also available for sale. The sale of the real estate will be handled by the Real Estate Broker RE/MAX Traditions.

Year Established: 1985

Facilities: 6-bay automotive service building that is well maintained and has a very nice reception area.

Market Outlook and Competition: The automotive service business is a competitive business in which well run shops that are capable of delivering reliable service at competitive prices are bound to peform well.

Management Training and Support: Absentee will help as necessary.

Reason For Selling: Seller has other business interests and has been operating this business for sevever years on an absentee basis.