#1 Auto Repair Est 30 years Six Figure Cash Flow!

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Top Location Auto Repair Great Cash Flow 30 years Est!
Asking Price:
$189,900

Gross Revenue:
$494,796
Cash Flow:
$128,269
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
not included in asking price

FF&E:
$60,000
included in asking price

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Business Description

This full service auto-center has a proven track record with a seller having 45 years of experience he has hand picked the best mechanics in the area. Over 40K customers serviced over the years. Fully staffed office willing to stay on board. Excellent reviews and high work ethic combined with honesty and reliability separates this shop from the others.

Important: All buyers must sign an non disclosure form or request an electronic one be sent. SBA will only qualify if also purchasing the Real Estate

About the Business

Year Established:
1999
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
5,360
Lease Amount/Mo.:
$5,000.00
Lease Expiration:
8/16/2028
Facilities:
Located on a busy thoroughfare with easy access to highways. 9 lifts with 10 garage doors. 2 restrooms, break room, and sits on .39 acre property with lots of parking for all customer an staff. There is a spray room as well for body work.
Market Outlook/
Competition:
Always a competitive space but being in the industry and having a great reputation go a long way in this industry as well as personal attention to detail and each customers needs.
Growth & Expansion:
Plenty of room to make use of all the bays, hire additional mechanics, add a speed shop and customization's, and much more. Finding the right people is always the biggest challenge.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller is happy to stay on for 2 weeks for smooth transition and possibly much longer as a consultant
Seller Financing:
Yes, on the business only with 99K down remainder over 3 years @ 6%

Listing Info

ID:
1528170
Ad Detail Views:
1472

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Business Listed by

Pete Harrison

Legacy Venture Group USA, Inc.

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U.S. Census Data for Hillsborough County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Hillsborough County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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