Hot Listing

Long established shop with fleet accounts

Asking Price$290,000

Cash Flow
$145,000

EBITDA$950,000

Gross Revenue$950,000

InventoryNot Disclosed

FF&E$25,000
Included in asking price
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Hot Listing

Long established shop with fleet accounts


Asking Price$290,000

Cash Flow
$145,000

EBITDA$950,000

Gross Revenue$950,000

InventoryNot Disclosed

FF&E$25,000
Included in asking price

Seller Financing Available
Business Description
40 year auto repair business in the Miramar area located in an industrial area with 50%+ business to business activity with plenty more opportunity if you're willing to knock on doors or targeted marketing. I spend nothing on advertising and work full time managing and acting as service writer. 4 full time employees (two very long term and one who is also a service writer and does basic jobs in shop when busy).

Sales & net have increased yearly since current owner bought business 7 years ago. Books are very clean and verifiable. 6k sqft, 5 lifts with lots of space. Landlord is reasonable, is also the original owner of the business, and has business on site which utilizes the repair shop. 2yrs left on lease and seller can help negotiate additional options. Lease is very desirable non-NNN. You pay rent, a portion of utilities, and any repairs that are your fault and that's it! Shop is very unique for the Miramar area as it is not in a "strip mall," does not share parking or any space with any other business, and is not near any other repair shops. Parking lot can easily hold 20 cars in a fenced area in addition to 10+ in the building with 4 roll-up doors.

Please note: An NDA, completed buyer profile and proof of funds is required to get additional information on this business. Send me a quick list of your assets & liabilities, reason for interest/qualifications, and a screen shot, statement or some other proof that you have funds to complete the sale including working capital and typical rent requirements. As stated, there is a lot of business to business activity and, most customers are net 30 who pay by check or ACH so you will need have enough capital to float this in addition to normal operating funds and purchase price.

The business is FSBO; I am very busy, and have an interest in not wasting mine or the landlord's time. The deal will need to work for all three of us or it won't work for any of us. I will consider a note and staying on in a consulting/contingent role if requested and pre-negotiated. I am retiring and leaving town eventually but not in the next 3-4 years and I have a very strong interest in making sure the business is successful to help take care of the the loyal employees who have made the business what it is. I will also sign a non-compete if that's important to you.
About the Business
Years in Operation
39
Number of Employees
4
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$7,100.00 per month
Lease Expiration
5/17/2027
About the Sale
Seller Motivation
Retirement
Transition Support
2wks or more if negotiated
Listing Info
ID
2317589
Listing Views
4479

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Business Listed by: Paul

Listing ID: 2317589 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.