Profitable Auto Repair shop in Richmond city-989145-DJ

Listing Number: 9525-989145

Description

PRICED TO SELL!
Excellent opportunity to acquire a profitable and established turn key Auto Repari shop.
Their services include: All types of Car & Truck service & repair, Heating and Cooling Services, Engine & Transmission, Fleet Services, Import Cars & Trucks, Domestic Cars & Trucks, 4x4 Services, Electric and Hybrid Vehicles.

It is located in the West End of Richmond City near the Henrico county border at the interesection of 2 major highways with very high traffic volume of commuter vehicles traveling between Richmond City and Henrico County suburb of Glen Allen/West End.

This is one of the few independent auto repair shops remaining in this area & hence receives a lot of 'Urgent Maintenance' service requests that other corporate stores are unable to take up.

Asking price inlcudes all equipment!
3 Bays
2 FT employees
Semi- Absentee owner
Large customer base, High margins!
Great reputation in local community!
Stand alone building with Large parking area
Very good visibility - Prominent display at Traffic light corner of 2 major highways
$4950 per month Rent

*** Real estate is NOT for sale
** Many opportunities to grow revenue
** Currently Closed on Sunday - potential to increase revenue by opening store on Sunday
** Location used to sell gasoline. There are NO underground tanks or Pumps now. Only overhead canopy exists. Possibility to re-open GASOLINE sales -- buyer must evaluate.

Listing Details

• Price: $249,000
• Down Payment: $249,000
• Sellers Discretionary Earnings: $168,000
• Total Sales: $420,000
• Location: Richmond City, Virginia


• Inventory: $0
• FF&E: $50,000
• Employees: 2
• Reason for Selling: Other Interests
• Category: Automotive