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Business For Sale

AUTO SALES AND REPAIR / SERVICE

Attn: Jonathan Molayem
Lakeland, FL, USA
Listing Number: "4786054"
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Asking Price: $499000 USD USA Dollars
Business for Sale Industry: Auto & Mech: Services & Gas Stations  
Reason for Selling: Discuss with seller
Year Established: 2002
# of Employees: 2
Yearly Revenues: $773276
Yearly Cash Flow: $154604
Yearly Net Profit: $154604
Yearly Gross Income: $773276
 

Business for Sale Overview:

Very successful auto repair/sales business on one of Lakeland's busiest roads. 2400 sqft facility on 1/3rd acre. Parking lot has been used primarily to sell cars. Great, reliable staff on-hand. Very clean books! Annualized financials for 2008 are reported. Added back rent under "other." Real estate valued at $325k. **SBA-prequalified for 20% down payment** Seller willing to hold note on the real estate as well. Buy both business and real estate with only approx. $120k! Possible E2 / B2 Visa.


Property Features and Assets:

Cleanest auto shop you will ever see! All equipment well-maintained and upgraded when necessary. Full price offer may include some used car inventory.


Market Competition and Expansion:

Non compete 20 miles for 3 years, negotiable. The property is in a highly growing area - would make a great investment long-term. Already maintains heavy traffic. Currently not open Saturday and Sunday; opening on weekends will bring in a lot of business.


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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