Tupelo Data Room
Auto Repair & Service Shops
Active

Profitable Automobile Service & Repair

Cleveland, Cuyahoga County, Ohio, United States
listing image
Asking Price$170k
Revenue$300k
EBITDA-
Cash Flow$50k
Description
Offered for sale, a well-established and respected auto repair and service center in the Cleveland, Ohio area, boasting over 13 years of experience. Located in a densely populated area on a high-traffic street, it offers a variety of automotive services under one roof: auto repair, A/C services, tire changes with balancing, alignment rack, and more. The company's strong identity in the area fosters a loyal and expansive customer base. Understanding their diverse needs, preferences, and behaviors enables the center to tailor its services and marketing efforts effectively, fostering long-term relationships and loyalty. Additionally, it routinely supports an associated car sales retailer. Staffed by a dedicated team of three highly skilled and experienced employees, their commitment to the business and community drives its success. Financial stability is a hallmark of this enterprise, with reported revenues of $306,000 in 2024, $268,000 in 2023, and $285,000 in 2022. Seller Discretionary Earnings (SDE) reflects the business's financial health, standing at $50,000 for 2023 and 2022, with a similar expectation for 2024. For potential buyers, this represents a lucrative opportunity to enter or expand within the automobile repair market. With the current owner seeking retirement, the business presents a solid foundation for new ownership to leverage its reputation and explore further growth prospects. This transition offers an exciting venture for those ready to build upon a legacy of excellence in the Greater Cleveland area. The seller requests that interested buyers demonstrate commitment to confidentiality by signing a non-disclosure agreement (NDA) and becoming qualified buyers before certain details are released. This safeguards privacy and ensures a secure transaction process aligned with industry best practices. These measures also serve as evidence of buyers' genuine intent and financial capability.
Real Estate
Leased
Furniture Fixtures & Equipment
$120k
Number of EmployeesFull-Time: 3
Year Established
2012
Reason Selling
Retirement
Support & Training
Owner willing to provide 20 days of training and can be available for paid consultation thereafter.
Growth Opportunities
Growth can be achieved through increased digital marketing, deeper local penetration, and expanded services. Enhanced marketing and service diversification can propel the company toward sustained growth and success.
Asking Price$170k