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Auto & RV Repair - 17 Bays

Peoria, Arizona

Asking Price: Gross: Cash Flow:
$230,000 $423,414 $59,462

Furniture and Fixtures Value:
$85,000 (included in the asking price)

Inventory Value:
$12,500 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Specializes in Domestic Auto & RV Repair. 17 Large Service Bays with 1 Pit & Hydrolic LIfts. Located on 1/2 acre, fully fenced lot with several large gates for easy access in & out of the shop. There is an additional 1,250 sq ft loft that is used for storage. Seller will give the Buyer an option to buy the real estate in the first 3 years at the then apprzised value. C-2 Zoning. 3-Phase Electric. Full Environmental inspection in 1999 was conducted & it was all clear.

 
   
   
Year Business was Established: 1983
   
Number of Employees: 5 ft / 1 pt  
   
Facilities / Terms of Lease: 7,500 sq ft + 1,250 sq ft loft. Monthly rent $4,000. New lease for 3 years with an option to buy the property within the 3 years.  
   
Owner willing to finance: $100,000 down; Balance @ 5 years; 7% interest; monthly payment $2,574.16  
   
Owner willing to train: 30 days  
   
Reason for selling: Health - Retiring  
 

 

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