Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$800,000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Services & Gas Stations
Reason for Selling:	Owner wants to retire from the business.
Year Established:	1957
# of Employees:	7
Yearly Cash Flow:	$190,000
Yearly Gross Income:	$860,000
Monthly Payroll:	$30,000

Business for Sale Overview:

This 50-year-old shop is a direct repair facility for two insurance companies and has loyal customers who've brought their custom and luxury cars there for years. The shop has all of the business it can handle, unless a new owner wants to run it as a 24-hour business and add more than the 7 employees it already has.

Property Features and Assets:

A well-known location convenient to a commuter railroad parking lot, a 5,600 sq.ft. shop with 5,000 sq.ft. in fenced-in, secured parking give it an advantage over other much smaller shops. The building os actually three buildings combined to form the 10-12 bays and office space. They are all in good condition.

Market Competition and Expansion:

Few other shops in the area are of the large size or have the great reputation of this shop.

Additional Details:

• The property is leased.
• 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.