Primary Category:Auto Repair & Service Shops for Sale
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.
Financial Information
$170,000
Asking Price
$50,000
Cash Flow
$300,000
Gross Revenue
On request
Down Payment
On request
Adjusted EBITDA
Business Location
City:
Cleveland
State:Ohio
Reason for Sale
Retirement
Detailed information
Year Established:2012
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 3
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: No
Inventory Value:
On request
Monthly Rent:
On request
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: $120,000
Training/Support
Owner willing to provide 20 days of training and can be available for paid consultation thereafter.