This is a highly successful business and a nation-wide recognized brand. What started as a hobby in a garage has grown to be a multi-service business with average sales revenue of approximately ($760,000) seven hundred and sixty thousand dollars a year. The business is located in metro east Illinois just a few miles off of a heavily traveled interstate making it easily accessible. It offers services in three major divisions - automotive, towing, and snow removal. Each of the business divisions help to balance the business well. The automotive division supports automotive repair and custom work including fleet maintenance. They are the experts in custom lift kits, diesel performance tuning and custom four-link setup. They also offer standard automotive services such as brakes, engines and transmissions, tires and wheels, air conditioning, shocks and suspension, diagnostic, and warranty/insurance repair. The other two divisions, towing and snow removal, have been added on over the years and continue to grow. The business handles towing for some of the surrounding municipalities as well as providing towing service for the typical automotive breakdowns and accidents. The business holds several exclusive contracts with businesses and municipalities, including public transportation entities, for snow removal.
The owner is willing to support the buyer in transition, and is open to discussing ongoing support. Seller financing is an option. Real estate is not included, lease available.
Financial Information
$1,300,000
Asking Price
On request
Cash Flow
$760,000
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Confidential
State:Illinois
Financing Comments
Seller financing is available for a portion or possibly even all of the transaction.
Reason for Sale
Owner is preparing for retirement.
Detailed information
Year Established:2009
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 2
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
$15,000
Monthly Rent:
Negotiable
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: $500,000
Training/Support
Owner is willing to stay on as needed - to be negotiated.
Market Outlook/Competition
There is no other business that offers all of the same services. Offering services in three separate divisions helps the company balance well. There are a couple of automotive shops located within the St. Louis region that specialize in lifts and other custom work, but no one around builds mega trucks. The physical location of being near major interstates and highways gives a competitive advantage.
Save
-(2).png.jpg)