Please ensure Javascript is enabled for purposes of website accessibility Iconic Palm Beach County Auto Repair Facility | Thomas R Milana, P.A. CBI | Transworld Business Advisors

Iconic Palm Beach County Auto Repair Facility

Listing Number: 0101-985157

Description

Iconic Palm Beach County general auto repair facility. Situated on a major east-west corridor with FDOT 2021 daily traffic count of 48,000. Free standing building with 6 full bays and lifts. All equipment and inventory included in this turn key facility which has been under the same management for almost 40 years. Employees include General Manager, Service Writer and a professional staff with several long tenured ASE-certified techs. This shop is NOT open on Saturday or Sunday. One of the cleanest general auto repair shops and best run facilities in south FL. All employees are W2, 100% CPA prepared financials. No stories, no excuses and no ”owner to prove” income. Below market rent with lease and options for 15 more years. Excellent mix of local retail customers and long term municipal/state fleet accounts. Stated financials have been annualized from 5-31-22. True seller retirement sale and the shop that sets the standard for all others in the area. Buyer’s BIO and Proof of Funds are required before disclosure.

Listing Details

  • Price: $500,000
  • Down Payment: $450,000
  • Sellers Discretionary Earnings: $225,884
  • Total Sales: $1,173,453
  • Location: Palm Beach County, Florida

  • Inventory: $7,500
  • FF&E: $165,000
  • Employees: 9
  • Year Established: 1982
  • Reason for Selling: Retirement
  • Category: Automotive
Iconic Palm Beach County Auto Repair Facility

Contact Agent:

Thomas R Milana, P.A. CBI
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