Auto Repair w/ Established Customer Base-All Offers Considered

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Asking Price:
$249,900

Gross Revenue:
$600,000
Cash Flow:
$168,000
EBITDA:
$168,000
Inventory:
$5,000
included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
$350,000
not included in asking price

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Business Description

Established auto repair shop in a freestanding building ideally located in Northeast section of Philadelphia. This business is a perfect match for an auto mechanic or self-starter looking for steady reliable income and wants to be their own boss. All income is verifiable, and business is derived from retail and wholesale auto repairs, inspections, etc. from long term established customer base. The facility may be either leased or purchased from the current Owner. The building has had substantial upgrades and improvements and the sale is turnkey. Owner is willing to stay to train and provide support to assure a smooth transition. The Real Estate is also for sale and can be financed by an SBA loan.

About the Business

Location:
Philadelphia, Pennsylvania
Year Established:
1987
Number of Employees:
4
Real Estate:
Owned
Building Sq. Ft.:
1,800
Facilities:
The physical building is free standing of about 1,750 sq. ft. and has been well maintained throughout the years and is pristine condition. A new Owner will have the benefit of these improvements such as a new roof, new garage doors, upgraded electrical service, upgraded interior shop insulation, new security system, completely new stucco of exterior building, new exterior lighting and a new asphalt parking lot and cement sidewalks. The building contains 3 bay work stations and an office.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The Seller is willing to stay for a period of time to assure a smooth transition.

Listing Info

ID:
1691959
Ad Detail Views:
101

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Business Listed by

Stan Rubinstein

Philly Business Advisor

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