Well Established Clutch and Auto General Repair – Motivated Seller
King County, Washington

We are very excited to present for your consideration a 40+ year old business with a strong and loyal customer following. This business has been great for the current owner. He’s ready to retire and hand over the solid business he has built.

The asking price is less than two times the discretionary earnings. Over $60K in assets are included (mechanic tools are included). At this price point, we are seeking a cash buyer and a fast closing.

The ideal buyer is a business minded mechanic. The seller is actively working as a mechanic along with a long-time employee that is expected to stay. Most equipment is in great shape and less than eight years old.

Currently, there is no digital advertising like google or meta-ads. The business does have a website that is shared on the marketing packet which you will receive upon signing an NDA. Some digital marketing may also boost revenues.

A new lease will be negotiated with the landlord and the terms will be acceptable to the buyer as a condition of the sale.

If this business interests you, please complete the online contact/inquiry form. Our system will immediately send you the NDA to sign, which can be done from your mobile phone. Upon completion, our system will send you the marketing materials that further explain this opportunity. No waiting around. After reviewing the materials, please contact us to discuss next steps which includes making a non-binding offer. At that point, if we haven’t provided enough information for you to feel comfortable making an offer, we’ll do our best to accommodate. Some things will only be available upon opening escrow and an earnest deposit. It’s not often we get this combination of solid earnings, clean financials, and a motivated seller, so act fast.

 

Listing Number:

23337

Category:

Auto,Service,Service - Personal B2C

Location:

King County, Washington
$100,000

Financial Information:

Gross Revenue:

$363,716

Listed Price:

$100,000

Down Payment:

$10,000

Total Income:

$66,883

Year Established:

N/A

Lease Information:

Square Feet:

1600

Total Rent:

$6,334

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$60,000

Inventory:

$2,000

Other Assets:

Personal tool box; 5 lifts; rotary jack

Additional Information:

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

0

Training Period:

3 wks/not to exceed 20 hrs/wk

Reason for Selling:

Retiring

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
James Shin
Office: (626) 484-7797 | Cell: (206) 590-1792
License #: WADOL Managing Broker Lic. 24001703; CADRE Lic. 01421813

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
James Shin
Office: (626) 484-7797 | Cell: (206) 590-1792
License #: WADOL Managing Broker Lic. 24001703; CADRE Lic. 01421813

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Well Established Clutch and Auto General Repair – Motivated Seller
King County, Washington

Listing Number:

23337

Category:

Auto,Service,Service - Personal B2C

Location:

King County, Washington

Listed Price:

$100,000
brokerPhoto
James Shin
Office: (626) 484-7797 | Cell: (206) 590-1792
License #: WADOL Managing Broker Lic. 24001703; CADRE Lic. 01421813

We are very excited to present for your consideration a 40+ year old business with a strong and loyal customer following. This business has been great for the current owner. He’s ready to retire and hand over the solid business he has built.

The asking price is less than two times the discretionary earnings. Over $60K in assets are included (mechanic tools are included). At this price point, we are seeking a cash buyer and a fast closing.

The ideal buyer is a business minded mechanic. The seller is actively working as a mechanic along with a long-time employee that is expected to stay. Most equipment is in great shape and less than eight years old.

Currently, there is no digital advertising like google or meta-ads. The business does have a website that is shared on the marketing packet which you will receive upon signing an NDA. Some digital marketing may also boost revenues.

A new lease will be negotiated with the landlord and the terms will be acceptable to the buyer as a condition of the sale.

If this business interests you, please complete the online contact/inquiry form. Our system will immediately send you the NDA to sign, which can be done from your mobile phone. Upon completion, our system will send you the marketing materials that further explain this opportunity. No waiting around. After reviewing the materials, please contact us to discuss next steps which includes making a non-binding offer. At that point, if we haven’t provided enough information for you to feel comfortable making an offer, we’ll do our best to accommodate. Some things will only be available upon opening escrow and an earnest deposit. It’s not often we get this combination of solid earnings, clean financials, and a motivated seller, so act fast.

 

Financial Information

Gross Revenue:

$363,716

Listed Price:

$100,000

Down Payment:

$10,000

Total Income:

$66,883

Year Established:

N/A

Lease Information

Square Feet:

1600

Total Rent:

$6,334

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$60,000

Inventory:

$2,000

Other Assets:

Personal tool box; 5 lifts; rotary jack

Additional Information

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

0

Training Period:

3 wks/not to exceed 20 hrs/wk

Reason for Selling:

Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.