Auto Repair Shop

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Auto Repair Shop / High Volume!

Business Description

This is a great opportunity to own a very successful Auto Repair Shop in Oakland County, MI. Located on a very busy road, this free-standing 5 bay, 4 hoist repair shop is surrounded by plenty of residential and commercial properties in the surrounding area. All equipment is in excellent condition and very well maintained. Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, expanding on hours, adding fleet and commercial accounts, service used car lots and adding additional services, you have HUGE potential to the already solid figures. Owner has done very well with the business and is ready to retire and pass on this successful repair shop to a new owner. Buyer has the option to either lease or purchase the property. This is a turn-key business that will not disappoint! A must see/must have business that will not last long! Call Armen Nazarian.

About the Business

Year Established:
1993
Number of Employees:
2
Real Estate:
Owned
Building Sq. Ft.:
2,000
Facilities:
This is a great opportunity to own a very successful Auto Repair Shop in Oakland County, MI. Located on a very busy road, this free-standing 5 bay, 4 hoist repair shop is surrounded by plenty of residential and commercial properties in the surrounding area. All equipment is in excellent condition and very well maintained.
Website:
www.armennazarian.com
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About the Sale

Reason For Selling:
Retire
Training/Support:
Seller will train
Seller Financing:
$249,900 with $125,000 down, 8% int., amortized over 60 months

Listing Info

ID:
1580347
Ad Detail Views:
0
Asking Price:
$249,900

Gross Revenue:
$452,626
Cash Flow:
$167,912
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$400,000
not included in asking price

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Business Listed by

Armen Nazarian

Armen Nazarian Business Brokers/Locations Comm Real Estate Sevices

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U.S. Census Data for Oakland County, MI
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Oakland County, MI
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Education

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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