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Established Auto Repair & A/C Shop
Location: United States -> Florida -> Indian River County
Industry: Auto Related > Auto Repair




Business Summary

Established and profitable auto repair shop with a great reputation, a large repeat customer base and great traffic flow/frontage located on Florida's treasure coast. Priced very reasonably at $227,000, which incudes an option to purchase the commercial real estate for $100,000 below market value (see below for details).

Gross sales are nearly $500,000, with a strong net profit available to a new owner/operator. Listed cash flow is apx.

A strong and established off-season A/C business provides steady profit flows while typical businesses in the area suffer substantial declines in revenue in the off-season.

Real estate is available and a 3-year option to purchase the prime commercial land at $100,000 below market value is included in the price. Even if a buyer does not wish to immediately purchase the property, they will have this option to do so for 3 years, or they can sell the option to whoever else purchases the site to become their landlord. Until a decision is made on the real estate option, the business enjoys a favorable lease with renewal options.

Substantial leasehold improvements and equipment is included with the business: Three high-end lifts, an air compressor system, trailer with large company billboard on it, new A/C system, more.

Owner will 1) Stay on during a transition period to train a new owner or 2) Continue to fully operate/manage the business full time for a modest salary.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $490,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $31,000
Seller Financing:  No

About The Business

Year Established:  2012
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will remain on to tain during transition or as a full-time salaried manager
Reason For Selling:  Other interests




Print Listing Id: 700237295
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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