Business Overview

Great opportunity to move your family to rural Lakeview, Oregon and start your own business. This well-established auto service and repair business services their customers automotive, UTV and ATV repair needs. NAPA CAR CARE Center, AIRGAS Distributor, INTERSTATE Battery Dealer and AMSOIL Dealer. Inventory is included in the fully functional auto mechanic 3000 SF shop with two double bays, one single bay, three lifts, gated yard with parking, 3 phase power- front office has a kitchenette, break room and restroom. .46 acres of Real Estate is included!! Current owner is retiring.

Financial

  • Asking Price: $495,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2003

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:3,000
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

3000 SF shop with two double bays, one single bay, three lifts, gated yard with parking, 3 phase power- front office has a kitchenette, break room and restroom.

Purpose For Selling:

Owner is retiring.

Additional Info

The company was founded in 2003, making the business 19 years old.

The business has 3 employees and is located in a building with approx. square footage of 3,000 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell businesses. Nonetheless, the true reason vs the one they say to you might be 2 absolutely different things. As an example, they might state "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might just be justifications to try to conceal the reality of altering demographics, increased competitors, current decrease in revenues, or a range of various other factors. This is why it is really important that you not rely entirely on a seller's word, but rather, make use of the vendor's solution in conjunction with your total due diligence. This will paint a more reasonable picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies finance loans so as to cover points such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that profit margins are too small. Lots of organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that should be satisfied or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location attract brand-new customers? Many times, companies have repeat customers, which create the core of their day-to-day earnings. Certain elements such as brand-new competition sprouting up around the area, roadway building and construction, as well as employee turnover can impact repeat clients as well as adversely impact future incomes. One crucial thing to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business regularly, the higher the chance to construct a returning consumer base. A final idea is the general area demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the local typical household earnings effect future revenue potential?