Company Overview
NW Florida
Established auto repair shop located in a high traffic area with solid customer base and excellent profitability. This is a great opportunity to purchase the business from an owner that needs to exit due to a family medical situation.
Features:
- Long-term relationship with local car dealers
- Located in the heart of “car city” and multiple used car dealers
- Profitable, stable, turnkey
- ASE certified technicians
- And much more!
This is an excellent opportunity to own a turnkey, profitable business on the beautiful gulf coast.
General Information
Year Established: 2018
Employees: 3 F/T (2 techs plus owner who manages the business)
Facilities: The business has an excellent location on a major hwy. very near “car city”. The business has a low rent rate that can be long-term. The real property is available for purchase but not included in asking price.
About the Sale
Financing: The seller finance the purchase with a cash injection of 30-40%
Training: Seller will provide sufficient training to ensure a smooth transition
Reason for Selling: Seller has family medical situation that requires him to sell the business
Financial Summary
Asking Price: $275,000
Revenue: $434,350
Discretionary Cash Flow: $170,000
FF&E: incl. is the price
Inventory: incl. in the price
Real Estate: Leased @ $2,000/mo.