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Asking Price$3,150,000
Revenue$3,500,000 Established1979
Cash Flow$800,000 Employees15 full-time
FF&E$750,000* FranchiseNo
Inventory$587,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This Company is rated five stars for its Professional Quality Service in it's operations with a history of success. Established in 1979, this Family owned company is in a central location,to position it well to serve the greater Seattle and Puget Sound areas. The company has a large recurring client list, and has 12 employees who are willing to stay on, including a full-time on-site mechanic. The business is valued at $2,500,000, equipment valued at $700,000, and building / yard valued at $1,450,000, Business and Equipment to be sold together.
Facilities:The yard & Building (with office space), has been appraised for $1,300,000. Property includes 1 acre yard with 2 large Truck bays for service and maintenance. Long term Lease to Buyer $6,500 per month $78,000 per year,and a 3% bump per yr. With NNN, Buyer to have "First right of refusal on the yard and building at Appraised Value.
Competition:Currently, 40% of this company’s business is done for the surrounding Cities and Counties. With this company's successful history in the area, they have outlasted much of their competition.
Growth Potential:Established in 1979, The Seattle area is experiencing dramatic growth, resulting in an ever-increasing demand for services. There is strong potential for growth and expansion for this business.
Training/Support:Training is available, One of the Owners will stay on up to 3 to 5 years under an agreed-upon Salary.
Seller Financing:Available if needed to qualified individuals
Sale Reason:after over 35 years Time to downsize and work closer to home
Ad #111782
Seller Reference #HS011-20
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Contact This Seller
Dick Bennett
HS,ION Commercial & Business Division
206.850.6082
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