Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

Asking Price	$170,000	Inventory
Gross Income	$392,674	Real Estate	$360,000**
Cash Flow	$93,916	Year Established	N/A
FF&E	N/A	Employees	5

* included in the asking price

** not included in the asking price

This is a well run automotive service business at a well established location since the eighties. The absentee owner is running this business as if he will own it for ever although he wants to sell it and devote his attention to other businesses. The past several months the Seller has undertaken the following initiatives: (a) Increased prospecting efforts for car fleets of small companies around the area; (b) initiated contacts with insurance companies who are connected to the company's web site and (c) renovated the landscaping of the shop including seeding new plants and putting new top. These initiatives seem to have improved the business as evidenced by the increase in the company's sale increase in the first half of 2008 by 28% (2008: $178,274 vs. 2007: 139,086; the proforma for 2008 sales is $392,674 based on the YTD performance) with an even better growth rate in the bottom line. It is worth noting that this is an ASE CERTIFIED automotive repair shop. REAL ESTATE: The real estate of the business is also available for sale. The sale of the real estate will be handled by the Real Estate Broker Pro-Clasic Real Estate Inc.

Facilities: Well maintained facilities. Landscaping recently done.

Competition: This company is using a focused marketing program that has increased its business significantly in the last year.

Growth/Expansion: Continuation of the company's focused marketing program is bound to increase its sales.

Financing: Negotiable

Support/Training: Absentee owner will arrange training as necessary.

Reason Selling: Absentee owner wants to move onto other activities.