Profitable Auto n Truck Repair Facility Includes Real Estate

Listing Number: 0101-862858

Description

Sales price includes real estate, down payment is based on a new SBA loan with 20% down. This well known service center located on Powerline Rd has been established for over 30-years. This is a 12-bay auto and light truck repair center which boasts about 8,636 sq. ft. on about .58 acres. The business is currently generating about $90,000 per month. It's a fully staffed and equipped facility which handles general repairs for many local fleets and insurance agencies. The property is zoned General Industrial and allowed uses include auto sales, repairs and storage. This opportunity should qualify for an immigration visa. A phase II environmental site assessment was clear in 2017 and a 40-Year inspection in 2015. Tax Return calendar year's are Oct-Sept.

Listing Details

• Price: $2,450,000
• Down Payment: $490,000
• Sellers Discretionary Earnings: $249,442
• Total Sales: $1,030,720
• Location: Broward County, Florida


• Inventory: $29,500
• FF&E: $101,200
• Employees: 5
• Year Established: 1976
• Reason for Selling: Retirement/Relocation
• Category: Automotive