Description of the business for sale
Very successful absentee owner is selling both of his centers located in highly visible and well travelled areas of Cincinnati. If this business is successful with an absentee owner, what could you do? One is located in northeast Cincinnati and is the #1 area known for its auto related businesses. It has had an excellent manager in place for over 10 years and a well seasoned crew that can handle most all auto related problems. The center has been open for over 10 years and is top of the line in terms of equipment. In addition it has updated computers, 5 bays, parking for 30 cars, has been recently landscaped, and has easy access. The other center is located in western Cincinnati along a very well known street and has been established for over 15 years. It has 5 bays and has recently been remodeled. Manager has been in place for quite some time and the crew is well versed in handling everything that comes their way. Fleet and commercial business can be pursued at both centers as both centers are 100% retail oriented. These are both mature businesses that have a loyal customer base and offer plenty of services to attract new business as well. Soon to be retired owner will stay as long as necessary to ensure the success of the buyer of his centers. These centers are being sold at 2 times cash flow which is an excellent opportunity for someone looking to make money from the onset.
REASONS FOR SELLING: Retirement
Support / Training provided by seller
Seller will stay on as long as necessary to ensure the success of the buyer.
Description of the facilities
ADDITIONAL FINANCIAL INFORMATION
•Financing: Seller will consider financing part of the sale.
•Inventory: $20,000
•FF&E: $150,000