Long Established Auto Repair Garage in High Trafic Area
| Asking Price: | $125,000 | Inventory: | $1,500 ++ |
| Gross Revenue: | $188,772 (comments below) | Real Estate: | n/a |
| Cash Flow: | $62,551 (comments below) | FF&E: | $65,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: Estimated 2008 Income | |||
This garage is in a very attractive area in Salt Lake City. Customers come from the surrounding high population and high income area and from word of mouth. The business has been established for over 10 years by the seller. Before this it has always been an auto related facility. Two bays with lifts. Storage area. One man operation which could be expanded if desired to facilite another employee for lube, oil and filter. Great opportuntiy to draw more business by adding Safety Inspections and Emissions. The location currently keeps the owner busy. Therefore, the opportunity to increase revenue by adding an employee and the items above is great.
About the Business
Year Established:1999
Employees:0 full time - 0 part time
Facilities:Very nice two bay facility with office and waiting room. High traffic area on a slower street. A great mix of businesses and thousands of residences in the area. No competition for as far as the eye can see.
Market Outlook and Competition:Great opportunity to increase income by promoting lube, oil and filter and/or adding Safety Inspection and Emissions.
About the Sale
Management Training and Support:Seller will provide training for a smooth transition.
Reason For Selling:Retirement
Seller Financing:Seller will carry financing with $45,000 down and payments of $1013.41 per month for 120 months including 9% interest. Seller financing shows the seller's confidence in the future of this business.
KEYWORDS: auto repair, gas station, safety inspection, lube oil and filter, garage, service station
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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