Description

This full service Radiator and Auto Repair shop has been established for over78 years, in the same area, and is an icon in its industry. . The business has built its reputation on integrity, honesty, and great professional service. They offer a 100% money back guarantee on all of their work. The business occupies over 5,000 square feet and has 9 bays with 9 lifts (one lift is a double for motor homes) and it has a reception room and office. There are over 1200 customers with over 90% of them being repeat customers. The business specializes in radiators, auto repair and it just added changing tires for autos, RV’s, trucks, vans and SUV’s. There are 2 certified technicians (who have been with the company for many years) and the office manager (the Seller’s daughter). The company website was just redesigned and is bringing in new business every day. The business offers a Car Care Club (over $400 worth of services for $89.95 per year) and a referral program for existing customers. The current owner sends out a monthly newsletter to over 1200 customers. Almost all the business is by word of mouth. The Seller lives out of State and is retiring. Seller terms with $175K down - 3 year term - 6%. This is a gold mine for the owner operator who wants a solid and proven business with an outstanding track record and a healthy cash flow.

Financial Summary

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