Net $544K Well Oiled Philly Area Automotive Repair Shop
Listing Number: 64646-599156
Listing Details
- Down Payment: $1,113,000
- Sales: $1,966,649
- Seller's Discretionary Earnings: $544,601
- Inventory: $12,000
- Furniture, Fixtures, and Equipment: $31,100
- Rent: $10,000
- Employees: 6
- Year Established: 2001
- Reason for Selling: Other Interests
Business Description
Busy 25+ year established auto repair shop in densely populated, iconic neighborhood, surrounded by upscale apartment complexes and townhomes. Visible corner property, reasonable lease terms and considerable yard space. Extensive customer base that books appointments in advance for routine auto maintenance, repairs and inspections.
Growth opportunities include adding weekend or extending hours during weekdays as well as fully implementing a recent investment in a modern and robust automotive software for additional sales upselling, forecasting and reporting.
Ideal buyer has hands on management of an automotive repair business. Preference given to buyer candidates that do not require an SBA loan, however, it is SBA pre-qualified. Seller will consider partial seller financing for qualified buyers. NDA, buyer profile and broker interview required for release of confidential seller details.