Successful Automotive Service Center

Company Description This listing is for a specialized automotive repair center and property. The Business has been a staple in Tulare County for generations and continues to provide the highest level of quality of service. The Business customers include Government, Major Dealers, Agricultural and of course Retail. The Business includes the property and there is sufficient room to expand. Current facilities are large enough for an immediate expansion of the parts department. The Business has experience exponential growth over the years yet still has room for growth. Current management is willing to stay on for a period to work through transition. Administrative and technical enjoy the work and would be willing to stay on with new owner. The Business carries little to zero debt, maintains the highest-quality equipment and is considered the leader in their specialty. Transaction Rationale The owners are looking toward retirement and ready to turn the reigns over to a more youthful ownership team. The Business is profitable and growing. Expansion is an option for new ownership with plenty of land to use for new facilities and services. New owners will be buying a company currently out-earning competitors and is priced accordingly. Purchase Price The listing price of the business including real estate, enterprise value and assets is $5,000,000. Owners would be willing to carry a portion of the purchase price and/or lease back facilities to new owners. SBA financing is available, and a handsome option given the current rates and payback terms. Location: Visalia, California Real Estate: Owned