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Prime Auto Repair Shop Bldg. Retail Loc.

Listing Number: 6401-90419

Description

Well Established Auto Repair franchise: 17 Years same location in a beautiful self-standing building on busy thoroughfare. Excellent retail exposure. Shop has 7 bays with 5 lifts: 2 for cars, 2 for trucks, 1 for alignments. Very clean shop. Customer svc desk, waiting room and office/desk is in an open spacious area. Two fulltime technicians. Owner does administration and customer service. Shop services an average of 50 cars per week, long term lease with several options in place. Franchise transfer fee is $5,000.00. This is a prime retail location, not an industrial park or warehouse district location. The business can be re-branded and operate as an independent shop, (contact agent for details regarding franchise buyout). The business revenue for 2019 was $461k. Owner is moving out of state and is motivated to sell.

Listing Details

  • Price: $199,000
  • Down Payment: $150,000
  • Sellers Discretionary Earnings: $130,202
  • Total Sales: $440,238
  • Location: Palm Beach, Florida

  • Inventory: $3,000
  • FF&E: $45,000
  • Employees: 2
  • Year Established: 2002
  • Reason for Selling: Moving out of state
  • Category: Automotive
Prime Auto Repair Shop Bldg. Retail Loc.

Business Listed By:

Max Crescenzi