Profitable Automotive Lift and Repair Equipment Retailer
Asking Price: | $340,000 |
Gross Revenue: | $1,120,506 |
Cash Flow: | $162,225 |
High-Revenue Business with Prime Highway Location - SBA Prequalified
Company Overview: Established in 2010, this business began as a small, part-time venture and has grown into a prominent retailer of automotive lifts and repair equipment. Originally focused on selling repairable vehicles, the founder identified a market gap for in-stock, high-quality lifts and expanded to meet this demand. The business now sells 300-400 machines annually and is known for offering the best pricing and service in the region.
Product & Customer Base: The business specializes in a variety of automotive lifts and repair equipment, including two-post lifts, four-post lifts, tire changers, wheel balancers, and more. Customers can see and test the equipment on-site, a unique feature that has built a loyal customer base from all over Wisconsin and Northern Michigan. The business operates from a prime location with high visibility on a major highway, enhancing its reach and appeal.
Growth: Generating over a million dollars in revenue annually, the business maintains a steady cash flow with minimal overhead costs.There is significant potential for expansion by adding more product lines, utilizing unused space on the property for additional business ventures, or increasing marketing efforts to capture a larger market share.
Transition: The owner is selling due to health reasons and a desire to retire to a warmer climate. The owner is committed to a smooth transition and will offer in-person support for 2-3 months and be available by phone thereafter to ensure continuity for customers and the new owner.