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Auto Repair Shop - Land, Building, & Equipment
Location: United States -> Florida -> Hallandale
Industry: Auto Related > Auto Repair




Business Summary

Owner Retiring ... Established in 1987 with 21 profitable years in the same great location (Hallandale Beach Blvd & Dixie Hwy.). This is your opportunity to continue serving a loyal customer base at one of the most reputable repair shops in the area. Current owner is from a dying breed of truly honest mechanics and seeks a like minded individual to continue his legacy. Owner is asking $600K for all company assets (listed below). Reasonable offers will be examined. Deed is free and clear and the company is compliant with all federal, state and local regulations, taxes, etc...

The full service shop for sale includes a 1,475 Sq Ft building (converted gas station) consisting of: 2 work bays, 2 full-size lifts, 1 office/waiting room, 2 bathrooms, 1 storage room. The land is 12,000 Sq Ft with a fenced vehicle storage lot to hold approximately 20 to 25 cars with more space available and covered parking in front. Security features includes: Monitored Security System. Owner is including all equipment consisting of: 2 in-ground lifts ($10 k each), Rotor Cutter ( $7 k). Owner is including all inventory consisting of: in house parts and supplies ( $5 k).


Company books are privately audited and reports can be supplied to potential buyers. Owner shows approximately $300,000 yearly gross and $60k in discretionary income with very little spent on marketing. The potential to grow is immense and as easy as placing a couple of ads or circulating coupons. Optional training will be provided based on buyer need and terms of the agreement. Interested parties should not hesitate to email or call the intermediary with any interest, questions, or reasonable offers. Intermediary Contact: Ben Bartels
(Cell) 954-547-0612.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $300,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  1987
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Optional.
Reason For Selling:  Owner retirement.




Print Listing Id: 70096083
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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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