[Finance1]

I usually don't get involved with business purchases but this one is pretty good.

30 year old 3 bay auto repair business for sale that specializes in BMW/Mercedes. Sales around $500k/yr. Owner wants to retire and sell to certified mechanic for $59k including all tools/lifts/specialized equipment. Mechanic is not a current employee.

Owner also owns the building but is retaining that and charging rent to the new owner.

The equipment is unencumbered and can be used as collateral.

Owner would be willing to finance a portion of the price so less than $59k is workable.

[mcaguru]

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[bdshaw]

if your buyer has previous experience and decent credit we should be able to put together a 7% ten. year installment loan for both parties.
Bob Shaw
734-929-3800
rshaw@advancecredit.com