| PROFILE: Downpayment Of 10% Can Get You This Business! Seller Is Extremely Motivated! |
| Status: |
Available |
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| State: |
Washington |
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| Location: |
Seattle |
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| County: |
King |
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| City: |
Seattle |
|
| Primary Category: |
Auto Related |
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| Alternate Category: |
None Given |
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|
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| USABizMart Ad #: |
129717 |
|
| Seller Or Contact: |
Nate Riordan |
|
| Primary Phone: |
425-204-1700 |
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| Alternate Phone: |
None Given |
|
| Email Address: |
See Form Below |
|
| Date Ad Started: |
7/15/08 |
|
| Date Ad Last Revised: |
7/15/08 |
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|
| Asking Price: |
$629,000 |
|
| Down Payment: |
$62,900 |
|
| Annual Revenue: |
$851,000 |
|
| Annual Adjusted Net: |
$232,000 |
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| |
|
|
| Price Range: |
$500,001-$1 Million |
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| Franchise: |
No |
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| Relocatable: |
No |
|
| Home Based: |
No |
|
| Lifestyle: |
No |
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| Real Estate Included: |
No |
|
| Bkr To Bkr Cooperation: |
Call |
|
|
DESCRIPTION: Downpayment Of 10% Can Get You This Business! Seller Is Extremely Motivated, Health Problems Force Immediate Sale!
The Company Has Been Independently Owned And Operated For Ten Years By The Current Owner. It Is A Full Service Auto Repair Shop In A Concentrated Metropolitan Area. The Business Has Developed A Strong Reputation And Loyal Customer Base.
With A Talented Staff And Service Capabilities That Few Independent Service Stations Have, It Is Even Recommended To Potential Customers By Their Competitors. The Company Is One Of The Leading Independent Repair Shops Within Its Marketplace In Terms Of Expertise Across Almost All Makes And Models Of Cars.
The Owner Desires To Enter Retirement And Is Offering The Business For Sale At The Asking Price Of $629,000, Plus Inventory.
This Business Will Continue To Grow, As Consumers Continue To Use Their Vehicles Longer. Industry Estimates Put The Average Age Of Vehicles In Use At Nearly 10 Years Old! In Addition, Many Traditional Service Stations (Gas Stations With Mechanics) Have Closed. These Two Trends Are Important Factors In Why Specialty Car Repair Shops Will Be In High Demand For Years To Come. The Auto Aftermarket Is A Mature Industry, And While Nothing Is “Recession-Proof”, This Industry Is Not Dependent On A Robust Economy. On The Contrary, When Money Is Tight People Will Delay The Purchase Of Newer Vehicles, And Thus Rely On Maintaining Their Current Auto. |
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