SOLD!
Details
Asking Price: |
$719,000 |
Annual Sales: |
$1,160,638 |
SDE: |
$242,000 |
Inventory: | $61,000* |
FF&E: | $100,000 |
Real Estate: | N/A |
Employees: | 1 PT Owner 15 FT / PT |
Location: | Colorado |
Reason For Sale: | Other Business Interests |
*Not Included |
Business Description
Get some mud on the tires with Great Employees & Loyal Clients.
Business has a 40-year stellar reputation among Local 4×4 Enthusiasts and Dealerships. The facility is welcoming, functional and expandable. It has a retail showroom where it displays specialty off-road accessories. It also has a full-service shop where it installs accessories and also services regular cars and trucks. The service area includes 14 bays with 11 lifts and a full alignment rack.
As a special bonus, the company has an option to secure an exclusive dealership of a well-known Power-Sport line (this requires a higher line of credit from the Buyer).
Sales and Profits have grown every year. It is fully staffed with Seasoned Mechanics and well trained Shop Managers. The company measures many significant KPIs (key performance indicators) on a monthly basis and will share these via a confidential report.
The Owner is selling one of two successful locations so he can dedicate more time and energy to his home-town shop. Sales and profits are similar at both locations; the Owner just hasn’t connected with the local community and charities as he has in his home-town store. He will offer long-term support as a sister-company; he will also share mechanics as needed. The second shop is over 30 miles away and does not share clients. The Owner will provide an appropriate non-compete agreement.
Represented by Bill Scott. Tell me more about this business.