Right Time Automotive

5 year old, well rated and established automotive repair and sales dealership. Currently doing approximately $7,000,000 in yearly revenue. Own original commercial property that the company started in that has equity of approximately $700k. Leased out our owned property with positive cash flow from rental, then  upgraded to a new 16,000 square foot facility that sees a 70,000 vehicle count per day pass by its front door and is next to some of the biggest franchise and independent full service dealerships in Cincinnati. Currently have a full team of employees on the sales side and have the need to hire more service technicians and a full time service manager on the fixed operations side; this will allow us to take on more service business by expanding the staff to turn service business quicker, also having the space to have on hand parts and tire inventory to cut back on downtime and create new revenue by selling parts as retail will provide a new profit stream, completion of new signage as leasehold improvements to attract organic drive by traffic will increase existing service revenue, plus adding service advertising to target the surrounding area will boost overall business.  The company is current on all floor plan credit lines for inventory with no audit violations for all 5 years. Never late on any payments. Utilizing $1.6m of $3m floor plans. Had a paid term loan of $150,000 in 2022 for previous expansion that was paid early and in full. No other loans due. No outstanding judgements or liabilities. No bankruptcies. Positive cash flow every month. The need for a capital infusion to bring in millions of dollars more in revenue is very apparent. The more time spent without running the facility at full capacity is missed revenue and missed profit that outweighs the monetary cost of taking on an investor.  Business loans for the independent automotive space have become nonexistent, an investor will be the only way for us to potentially double our size in a projected 12 month period.