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Business For Sale
BMW AUTOMATICS SHOP
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Asking Price: |
$1,978,000
USD United States Dollars
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Business for Sale Industry: |
Auto & Mech: Retail
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Reason for Selling:
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Other business opportunities. |
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Year Established:
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1992 |
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# of Employees:
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8 |
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Yearly Revenues:
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$578,000 |
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Yearly Cash Flow:
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$490,000 |
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Yearly EBITDA:
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$689,000 |
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Yearly Net Profit:
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$478,000 |
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Yearly Gross Income:
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$985,000 |
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Monthly Payroll:
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$280,000 |
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Total Debt:
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$145,000 |
Business for Sale Overview:
Seller Motivated! Since 1989, this Custom BMW shop has served customer all over London, Yorkshire and many other cities, we take pride in our reputation and enjoy the relationships we have developed over the years with locals and visitors alike. We offer a large selection of Parts & Accessories for everyone who rides all sorts of BMW, from nuts and bolts to a new exhaust system. While the Car is being serviced, customers can check out the Retail side of things, from unique T-shirts and work-shirts to leather goods, from wallets to saddlebags. The growth of this Coastal Community continues to be explosive and it all starts right here in the heart of Miami.
Property Features and Assets:
We are located on Business 17 (the main highway) in the heart of Miami Beach, just two blocks from the ocean. The store has been in its current location for 7plus years and we are the “Go to Shop” for locals and visitors alike. The location is available for lease or possible purchase. The store is 5,600 square feet and stocked with over $350,000 in inventory, well equipped to handle any repairs, the showroom is proficiently appointed with fixtures and displays, unique clothing and accessories.
Market Competition and Expansion:
Miami is an ever growing market in an automobile friendly community and having available space for other profit center such as bike sales and rentals, the potential for growth is unlimited. In addition to Sales and Service, we also operate a mail order business via our web-site and E-Bay store; this is an area of great opportunity and will only continue to grow.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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