SOLD - 7 Year Old Car Service Business – Strong YOY Growth, Recurring Income

Chicago - Chicagoland LISTING #: 17454

Founded in 2009, this highly profitable automobile service business has a 7 year track record of strong cash flows and continues to thrive in 2016 with consecutive YOY revenue growth over the past 3 years. With over 40,000+ customers since inception, this business has developed an extremely loyal customer following with over 90% of revenues coming from repeat customers due to the subscription like nature of routine automobile maintenance services.

This turnkey business essentially runs on autopilot with the owner only spending 5 hours per week to operate the business as 12 full time employees handle all aspects of daily operations. With 2 established locations already in place, this business is well positioned for continued consecutive YOY growth as the owner has perfected the formula for customer retention, which makes this acquisition opportunity a perfect fit for anyone with general business experience.

With a proven 7 year track record of reliable cash flows and strong consecutive YOY growth over the past 3 years, this high quality acquisition opportunity represents an incredible value for a turnkey business with over $550k+ in annual net profits, ensuring there is tremendous upside for overall return on investment.

$2,091,607
$549,564
$20,000
2009
Yes
12 FT
   $1,800,000

Andrew Rosenthal
Andy@LighthouseBusinessBrokers.com

Office: LBB Chicago
Phone: 312-291-4620

   Property Leased: Yes
   Monthly Rent: $24,800
   FF&E Included: $50,000
   Real Estate Included: No
   Building Size: 6000 sq ft
   Hours of Operation: Monday - Sunday
   Franchise: No
   Reason for Selling: Seller is retiring

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