Hot Listing

Absentee run decades old auto repair shop

Asking Price$1,150,000

Cash Flow
$138,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$650,000
Included in asking price
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Hot Listing

Absentee run decades old auto repair shop


Asking Price$1,150,000

Cash Flow
$138,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$650,000
Included in asking price

Seller Financing Available
Business Description
The number one call we receive is for absentee run businesses with real estate making over six figures. Here it is! This is a fantastic business that is over 50 years old, and it has multiple bays, long term employees, managers, great road frontage, and services that range from light mechanical to lube, tire, alignment, and more. There's room for growth if desired, great location and clean buildings with a good roof. It doesn't get much better than this! $650,000 of the asking price is for the two buildings.
There will be multiple people interested because it's a fantastic opportunity with parts that are warrantied nationwide. If you don't see an NDA from our firm within 24 hours, please call, don't wait if interested!
About the Business
Years in Operation
70
Number of Employees
7
Facilities & Assets
There are two buildings, one is 4,000 sq ft and the other 2,000 sq ft approximately. One has a newer roof and the other within 10 years. Both have recently been painted. There isn't air conditioning with the bays being open regularly but there is heating. Plumbing is limited to bathrooms and sinks so not much to worry about there.
Road frontage is 160' with over 10 bays and multiple lifts and alignment lifts.
Market Outlook / Competition
There will always be competition in the auto repair industry, but this is a long established repair shop that is trusted and reliable.
Opportunities for Growth
Can establish fleet vehicle repair accounts, work with used car dealerships for reconditioning vehicles, or do more marketing in the area as it is growing.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
6,000
About the Sale
Seller Motivation
Owner is retired and wants an exit strategy.
Transition Support
There are managers in place so the retired owner is willing to train some but most will be with the managers.
Financing Options
Only with a viable offer for a small portion or sba requirement.
Listing Info
ID
2351995
Listing Views
2181

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Business Listed by: Julie Rossi Parkwest Business Partners

Listing ID: 2351995 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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