Vehicle Lifts, Parking lifts, Vertical Reciprocating Conveyers - Business for Sale

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Automotive Service Equipment Distributor in Lake County, IL

IL, US
Added 3 months ago
Automotive equipment distributor and installer
26 years in business
Retiring Owner

This business is an automotive service equipment distributor in Lake County, Illinois, providing sales, installation, and servicing of vehicle lifts, parking lifts, and related systems since 2000.

Key Information

Asking

$1.9M

Revenue

$1.9M

Earnings

$688K

Multiple

2.8x

Key Highlights

  • Years in operation: 26
  • Number of employees: 8
  • Business model: Sales, installation, and servicing of vehicle lifts, parking lifts, vertical reciprocating conveyers, hydraulic freight lifts, compressed air systems, oil/lubrication delivery systems, and vehicle exhaust extraction systems
  • Leased facility: 4,800 sq ft, lease through December 2026, $3,000/month
  • FF&E included: $110,000
  • Inventory included: $40,000
  • Location: Lake County, Illinois
  • Seller financing available: 10% note over 36 months
  • Seller offers up to 6 months post-closing consulting

Contact Info

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