The Robert Hedges Company
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Auto Repair

Custer County, Colorado

Asking Price: Gross: Cash Flow:
$650,000 $716,524 $174,184

Furniture and Fixtures Value:
$95,765 (included in the asking price)

Inventory Value:
$3,000 (included in the asking price)

Real Estate:
$330,000 (included in the asking price)

Business Summary:
With Real Estate included in the purchase price, the business is located in a beautiful small mountain town. It is a "turn key" business with the facility capable of taking care of customer needs with adequate space, good equipment and an established customer base The scope of work consists of taking care of customer's vehicles from oil changes, repair, engine replacement, alignment, and custom exhaust. The revenue has increased every year since they have been open. Even last year with the Pandemic, their sales are up about 17 1/2 percent over the previous year.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 3FT  
   
Facilities / Terms of Lease: There are two bldgs. 1st is about 2,000 sq.ft. and 2nd is about 1,440 sq.ft. and both have lage garage doors. The land has a fenced in security fence and is on about 1/2 acre.  
   
Potential Growth/Expansion: They have grown every year and one could grow more if more employees are hired.  
   
Competition: There are three other competitors in town.  
   
Owner willing to train: Husband and wife owners would train 30 days at no charge.  
   
Reason for selling: Owners want to retire.  
 

 

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