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This long established and very reputable auto-service related business has maintained consistent sales of over $1.1 million, with 75% repeat customers, for each of the past three years.
As part of a national network the business has very strong processes, and excellent operational and marketing support which has enabled it to enjoy normalized EBITDA margin close to 20%.
The business is well located on a very busy street in company owned property which is considered to be a possible future development site. A Phase 1 environmental review has already been completed with no concerns found.
Owners are retiring but will stay on for a reasonable transition period.
There is a scenario where there could be two buyers, one for the business and another for the building. Interested parties should express whether they are interested in the business, the building or both.
Real Property Included
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