Auto Repair Facility with RE Under Contract
Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $2,000,000 |
$1,278,550 |
$355,027 |
Furniture and Fixtures Value:
$170,000 ( not included in the asking price)
Inventory Value:
$10,000 ( not included in the asking price)
Real Estate:
$1,300,000 (included in the asking price)
Business Summary:
A full-service general repair automotive shop established in 1991 is available for acquisition. This shop is so clean and organized; you could eat off the floors. Sale includes a turnkey business and the real estate, a 7,000 sq. ft. facility on .60 acres with large, paved area for parking: eight lifts, extensive tool list and machinery including tire mounting, balancing and Hunter Alignment; state of the art equipment.One Manager/Service Advisor (ASE Certified) and four experienced mechanics generate nearly half of their annual revenue from fleet service. Room for expansion; open Monday to Friday with No Advertising and No Website. Excellent online reviews! Clean Books and Records. Pre-qualify by four SBA Lenders. Financing available to a qualified Buyer with mechanical experience or translatable skills. The Seller hired a fifth skilled technician to continue their organic growth. Looking for a sixth skilled tech.The Seller does not charge himself a rent expense. A $100,000 deduction has been made to cash flow for market rent adjustment.Very Confidential Sale. Submit NDA with proof of financial capability and work profile/resume. Showing by appointment only, after hours. Cash flow has a $100,000 deduction/adjustment for rent. 2023 was the best year in its 33-year history. Car Count for 2023 was 3,376 with an average invoice of $405. Car Count for 2022 was 2942 with an average invoice of $385.
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| Year
Business was Established: 1991 |
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| Number of Employees:
5 |
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| Facilities / Terms of Lease:
7,000 sq.ft. building on .60 acre fenced lot |
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| Potential
Growth/Expansion:
There is the room in their facility to accommodate additional mechanics. By initiating a marketing campaign and adding an online presence, this will attract new customers while adding new services to scale the business. |
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| Competition:
This turnkey operation is exceptionally clean and organized. The facility has an experienced staff with every tool and State of the Art equipment needed to perform any task. |
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| Owner
willing to finance:
SBA lending available to qualified Buyer. Must have the mechanical background experience |
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| Owner
willing to train:
30 days training to ensure a smooth transition. |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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