Asking Price: $398,000

Gross Revenue: $622,283

Cash Flow: $141,490

Inventory: $25,000 (Included in Asking Price)

FF&E: $25,000 (Included in Asking Price)

This well established and well equipped Automobile repair shop is one of only two major facilities serving the market area in which it is located. It also happens to be located in one of the fastest growing areas of the United States. Clientele is a mix of working people and wealthy retirees who live in the area. Many utilize this shop for primary care as Luxury dealers are quite a distance away. The Business provides a complete line of domestic and import repairs with the emphasis on total quality vehicle care. Staff consists of a service manager , 2 mechanics, 2 technicians and the owner.

Year Established: 1997

Employees: 5 full time -

Facilities: The Business is located in a very nice set-back spot in a high-traffic area of businesses and upscale residences. It has approximately 200 feet of road frontage with paved parking for 15 vehicles and non-paved parking for another 25. The Business is well -marked by a lit 3X8 logo sign and a 4X8 letter board sign both atop 20 foot poles. The Facility encompasses 6,500 square feet of space most of which is dedicated to the 8 service bays. There is also an attractive 1800 square foot showroom/customer lounge & snack area, , 3 large private offices, emplyee lounge with shower, men's, women's and employee restrooms and a 1500 square foot second story storage area with a conveyer belt to the first floor. The primary lease term expires in May , 2008 but is followed by 2 three-year renewal options.

Market Outlook and Competition: There is only one larger repair shop operating in the local area and the few others are much smaller. The local area is high-growth and is increasingly becoming very upscale residential. accordingly, new competitors are not likely and the business is well positioned to take advantage of the growing market. There is also tremendous opportunity to better utilize the facility by expanding into tires, batteries and other related lines.

Management Training and Support: Owner will remain 30 days at no cost for training and transition.

Reason For Selling: To be discussed with qualified buyers.