| Asking Price |
$169,000 | Inventory |
$60,000* |
|---|---|---|---|
| Gross Income |
$184,793 | Real Estate |
|
| Cash Flow |
$36,281 | Year Established | 1951 |
| FF&E |
$106,000* | Employees | 2 ft |
* included in the asking price
** not included in the asking price
The main business is machining engine parts, reconditioning cylinder heads and the sale of engine parts. The business maintains a stock of engines, engine blocks, engine parts and cylinder heads. They pride themselves on being the only shop in the area with same day turn around on inspections and surfacing for most jobs.
Facilities: This business is 57 years old and the seller has owned it for 12 years. The equipment use is top quality and maintainedin good condition. Customers: The customer base varies from shops to individuals. They enjoy a great reputation and they pride themselves on customer service.
Competition: There of course are other suppliers in town, but seller has a fast turn around, lower prices, and a great reputation.
Growth/Expansion: There is great opportunity for growth into marine engines, performance engine and industrial engines. The business could open on Saturday, this would offer a great opportunity to get the weekend mechanic. This is very badly needed and not currently offered in the area. Anotherarea for growth would be into Asian engines, this is a fast growing market. The new owner would need to have lots of energy to keep up with the growing potential in this market.
Financing: All cash or terms acceptable to seller
Support/Training: Seller will work with Buyer for 30 days at no additional cost.
Reason Selling: Retirement

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