Executive Summary

Business Description

Highly successful auto service center for specific German manufactured vehicles is now for sale.

Located in an exclusive area of Orange County, this business is surrounded by other high-end auto repair facilities. In business since 1991, the current owner has rapidly increased the sales and profitability since acquiring the business in January of 2011. Mitchell Documentation will support revenue.
Other investments are splitting the owner’s time, and one has to go.

The property lease includes 3 lifts, water and trash pick up. Owner has installed an additional lift that will go with the business.

General Information

Year Established: 1991. Current owner purchased in January of 2011.

Employees: 1 fulltime/1 part-time with a monthly payroll of $3000 not counting owner.

Facility: 2200 sq. ft. with 6 bays and rear parking at a rate of $3200 per month.

Price Includes: Furniture, fixtures, and equipment – the 3 lifts are owned by landlord. Inventory not included.

Support/Training: Seller will provide training.

Reason for Selling: Other business interests.

Asking Price: $329,000

Gross Revenue Annualized for 2011: $500,000 (On track to break $800,000 for 2012)

Seller’s Discretionary Earnings Annualized for 2011: $200,000.