Description This well-known full-service automotive repair / tire center in the greater Middle town, NY area has been in existence for almost 20 years. It sells brand name tires and offers complete automotive repair services. Its location draws local customers as well as travelers on Highway 84. In addition, the owner has recently entered into a relationship with U-Haul servicing their fleet, all with very well maintained equipment in a spotless shop including a modern waiting room.
The company enjoys a competitive advantage by its location, modern and clean facility, and by providing historically dependable service to a stable consumer base (including some auto dealerships), some of which have been with the company since its inception. Further growth opportunities include expanding business with auto rental companies (Budget), truck (Penske), corporate national accounts, and by expanding is efforts to service NY State vehicles. Extensive local development, the fastest growing counties in NY State and PA, includes new homes, light industrial and recycling center plans, all projecting continued traffic growth.
The company has been fully reviewed and conservatively appraised by a well-known, accredited national valuation firm at $345,000. A full valuation report is included in the prospectus. There is little debt to be assumed and the deal includes over $500,000+ in tangible assets. The business is pre-qualified by an SBA lender subject to buyer's financials, and by implementing the proposed deal structure an owner operator will obtain more than $140,000 in owner benefit in pre-acquisition cash flow. In addition, the real estate is available for sale if so desired.
A three month transition period will be provided by an owner who truly wants to continue to see his business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
Call for more information on this cash flow strong automotive.