Buy a SBA Approved Automotive Business, 90%+Cash Flow For Sale business for sale in NW suburbs on BusinessesForSale.com

  • Advert ID: 660654

SBA Approved Automotive Business, 90%+Cash Flow For Sale


Location:
Category:

Listed by:

Asking price:
$278,000
Sales revenue:
$101,000
Net profit:
$94,000
Years established:
1989
Employees:
1FT


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 by a preferred SBA lender!


Lease terms:
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.

Expansion potential:
This business has provided steady income, with cash flow well over 90%, 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 could generate between $125K & $150K in revenue and the demand is there!
Competition / Market:
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!
Support & training:
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.
Reasons for selling:
Investments of cash from this business have taken the seller in a new direction
Financing available:
Seller would consider financing a qualified buyer
Furniture / Fixtures value:
$3,500

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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