Listing Number: 2201-749197
Description
This well-known general auto repair and tire facility has a history in the same plaza for more than 25 years and is on its way to another record year in sales and profits. This is the trusted neighborhood facility for general repairs, AC service, tires, oil & lube with more 5 Star Google reviews than any other local auto repair facility. Great upside as no advertising is done and the business does not have a website. Facility is owned by 2 partners (1 front desk/administrative, the other oversees the 3 full time techs and repairs). Ideally, the front desk partner trains with the Buyer and retires and the service-tech partner stays on with new owner to continue to grow this amazing shop (salary for remaining partner has been left in the expenses). This is a very steady 5½ day shop with little if any seasonal fluctuations. Long list of included equipment including use of industry software, above ground lifts, AC machines, oil tanks, etc. All Buyer prospects to provide BIO and financial statement before full disclosure. BUYER MUST HAVE RETAIL REPAIR EXPERIENCE AS A GM OR AN OWNER OF A VERIFIABLE SHOP (LANDLORD WILL WANT SUPPORTING PROOF) AS A CONDITION OF LEASE ASSIGNMENT.
Listing Details
- Price: $ 675,000
- Down Payment: $675,000
- Sellers Discretionary Earnings: $ 304,557
- Total Sales: $ 1,614,909
- Location: Withdrawn, Florida
- Inventory: $ 10,000
- FF&E: $ 65,000
- Employees: 3
- Year Established: 2014
- Reason for Selling: Retirement
- Category: Automotive
