Business Sales & Acquisitions
Price
$470,000
Location
Northern New England
Industry
Automotive and Boat
Listing ID
CM2624
This well-established business opened in 1943 and consists of a well-stocked auto parts shop (a nationally-known brand) and a 6-bay garage, providing all manner of car and truck repair along with state vehicle inspections. The business owns a nicely branded flat bed tow truck. The garage is capable everything from simple oil and filter changes to major engine rebuilding. The equipment inventory ($109,000 in value) includes a crankshaft grinder, line hone, resurfacer, valve grinder, seat & guide machine, abrasive blast cabinet, flywheel grinder, rotary broach, parts washers, hydraulic hose parts, 20 and 50 ton presses, tire balancer, tire changer, mig welder, standard welder, transmission jack, 120 gallon air compressor and more. The auto parts store carries an enormous variety of inventory from tires and batteries to tools, hardware, fluids, filters and almost anything you can imagine. This turnkey business is ready for a new owner as the seller is ready for retirement. Note: Financials are seller-provided and not audited by Inbar Group, Inc.
Real estate might be available. Incidental to the sale of the business. Subject to commercial appraisal. Additional to the asking price
Seller seeks retirement
Seller will train
"*" indicates required fields
Price: $470,000
Location: Northern New England
Industry: Automotive and Boat
Listing ID: CM2624
This well-established business opened in 1943 and consists of a well-stocked auto parts shop (a nationally-known brand) and a 6-bay garage, providing all manner of car and truck repair along with state vehicle inspections. The business owns a nicely branded flat bed tow truck. The garage is capable everything from simple oil and filter changes to major engine rebuilding. The equipment inventory ($109,000 in value) includes a crankshaft grinder, line hone, resurfacer, valve grinder, seat & guide machine, abrasive blast cabinet, flywheel grinder, rotary broach, parts washers, hydraulic hose parts, 20 and 50 ton presses, tire balancer, tire changer, mig welder, standard welder, transmission jack, 120 gallon air compressor and more. The auto parts store carries an enormous variety of inventory from tires and batteries to tools, hardware, fluids, filters and almost anything you can imagine. This turnkey business is ready for a new owner as the seller is ready for retirement. Note: Financials are seller-provided and not audited by Inbar Group, Inc.
Gross Revenue: $1,220,000
Cash Flow: $195,000
FFE: $109,000
Inventory: $748,000
Real Estate $550,000
Terms & Conditions: Real estate might be available. Incidental to the sale of the business. Subject to commercial appraisal. Additional to the asking price
Reason for Sale: Seller seeks retirement
Training & Support: Seller will train
Year Established: 1943
Non-Owner Payroll: $4,400
"*" indicates required fields
Price
$470,000
Location
Northern New England
Industry
Automotive and Boat
Listing ID
CM2624
This well-established business opened in 1943 and consists of a well-stocked auto parts shop (a nationally-known brand) and a 6-bay garage, providing all manner of car and truck repair along with state vehicle inspections. The business owns a nicely branded flat bed tow truck.
The garage is capable everything from simple oil and filter changes to major engine rebuilding. The equipment inventory ($109,000 in value) includes a crankshaft grinder, line hone, resurfacer, valve grinder, seat & guide machine, abrasive blast cabinet, flywheel grinder, rotary broach, parts washers, hydraulic hose parts, 20 and 50 ton presses, tire balancer, tire changer, mig welder, standard welder, transmission jack, 120 gallon air compressor and more.
The auto parts store carries an enormous variety of inventory from tires and batteries to tools, hardware, fluids, filters and almost anything you can imagine.
This turnkey business is ready for a new owner as the seller is ready for retirement.
Note: Financials are seller-provided and not audited by Inbar Group, Inc.
Real estate might be available. Incidental to the sale of the business. Subject to commercial appraisal. Additional to the asking price
Seller seeks retirement
Seller will train
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334