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Listing Broker Information
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Tony Darcangelo
President & Managing Partner
Mr. Darcangelo was appointed President of MCA Business Brokers by the Board of Directors of Central Penn Business Brokers, LLC, on September 15, 2005.
Tony has over 25 years of professional experience as a local business owner and as a former corporate executive. He earned a Bachelors of Science Degree in Business Administration & Marketing from the Penn State University. Tony is a 2005 graduate of Donna Dailey’s SCHOOL OF BUSINESS BROKERAGE. This the only educational program of its kind exclusively focused on the practice of 'Main Street' business brokerage.
Tony is most proud of his accomplishments as a local entrepreneur and business owner. He was the founder of a medical staffing franchise in the Harrisburg area in 1993 and served as the Executive Director. He and his partners sold this business in 1997. MCA Business Brokers served as the 'intermediary' and advisor on the sale.
In 1998, Tony became a Partner in a Harrisburg based private equity group that acquired a local staffing company and served as the President of that company until 2001. During his tenure, he and his partners significantly expanded the company's market share throughout the region.
Tony continues to serve as the President and Managing Partner of MCA Business Brokers. He is a PA Licensed Realtor with a strategic alliance with Mid-Atlantic Realty Group, LLC. He specializes in working with sellers of businesses, business properties and commercial investment real estate sales and leasing. He works with prospective business buyers to educate them on the acquisition process and locate a business that exceeds their professional and personal objectives.
As a Harrisburg native, Tony is passionate about the small business community in South Central Pennsylvania. As a business owner himself, Tony understands the challenges of business ownership. His diverse experiences include: business start up, turnaround and planning a successful exit strategy.
Active in the community, Tony is a proud member of Colonial Park Rotary, Colonial Country Club and the PHR Youth Baseball Association. He also supports many charitable organizations as a leader in the business community.
email:
tony@mcabizbrokers.com
phone: 717-657-7000 / 717-756-0443
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 Contact Information |
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BusinessesFor Sale
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Listing Information |
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| Automotive Repair Warranty Contracts |
| Listing ID: 1184 |
Location: Harrisburg, PA |
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Brief:
SOLD & SETTLED 7-1-09 |
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| Listed Price: |
$300,000 |
| Total Sales: |
$290,000.00 |
| Seller's Discretionary Earnings: |
$90,000.00 |
| Fixtures Furniture, & Equipment: |
(Included in Listing Price)
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| Real Estate: |
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| Inventory: |
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| Financing / Terms: |
Some financing of the purchase price will be considered by the seller. Commercial financing is available with a local bank lender under the SBA small business loan program. MCA will assist a buyer with loan proposal development to secure financing at no fee to the buyer. |
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Business Information |
| Year Established: |
1994 |
| Number of Employees: |
2 Full Time / 1 Part Time |
| Days and Hours of Operation: |
Monday to Friday: 8:00am to 4:00pm |
| Relocatable: |
Yes |
| Franchise Information: |
This is not a franchise. |
| Facilities / Location: |
This business operates out of 1,800 square feet of office space. The owner of the business leases the commercial property for $1,000 per month. The buyer could elect to keep the business at the current location or move the business. This business could easily be operated from a home office as the business owner spends much time out of the office to visit auto dealerships. |
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Lease Information |
| Lease Expiration Date: |
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| Option: |
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| Monthly Rent: |
$1,000.00 |
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| Additional Information |
| Reason for Selling: |
The owner has been in this successful business for over fourteen years and now wishes retire from the business. |
| Business Description: |
The business is an AFTER MARKET wholesaler of automobile service contracts
or what is commonly known as an EXTENDED WARRANTY sold through New and
used automobile dealerships. The dealerships that have a wholesale relationship with
the business offer the company’s products directly to the consumer. The business
processes the service contract application, issues the service contract and then facilitates
the claims disbursement. The business uses only authorized repair centers who meet their
expectation for quality repair work. This business is self-insured.
A warranty contract is usually presented as an optional purchase by the car buyer at the the time of vehicle sale by the dealership. The price of a service
contract is based on the car make, model, condition, what is covered and the length of
the contract. In addition to the original fee for the service contract, the consumer will
have per visit deductible for each claim. The business offers dealerships a BASE PLAN and a
DELUX PLAN to sell to the consumer. The business is a member of BBB (The Better Business Bureau).
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| Potential for Growth: |
The ideal buyer for this business is someone with a very strong sales disposition and experience in the automobile industry in a dealership or service center environment or someone with experience in insurance sales or claims. |
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