UA-80142373-1

General Automotive Repair Facility for Sale Including Real Estate

Listing Number: 0101-862858

Description

This is a prime piece of real estate on Powerline Rd in the Fort Lauderdale area. Established for over 30-years, this 12-bay auto and light truck repair center boasts about 8,636 sq. ft. on about .58 acres. The business is currently generating about $95,000 per month and trending upwards. It's a fully staffed and equipped facility, which handles general repairs for many local fleet and insurance agencies. It is zoned General Industrial and allowed uses include auto sales, repairs and storage. The total purchase price includes the ongoing business, equipment, inventory and real property. Conventional or SBA funding should be a possibility with at least 30% down. Real estate may be sold separate from the business. This opportunity should qualify for an immigration visa. Expenses include the seller's total debt service. Phase II Environmental Site Assessment cleared in 2017 and 40-Year inspection in 2015.

Listing Details

  • Price: $2,500,000
  • Down Payment: $530,000
  • Sellers Discretionary Earnings: $295,091
  • Total Sales: $1,161,012
  • Location: Broward County, Florida

  • Inventory: $29,500
  • FF&E: $101,200
  • Employees: 5
  • Year Established: 1976
  • Reason for Selling: Retirement/Relocation
  • Category: Automotive
General Automotive Repair Facility for Sale Including Real Estate

Business Listed By:

Thomas R Milana, P.A. CBI