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Business For Sale

AUTOMOTIVE REPAIR SERVICE

Attn: Fouad Mohit
Hampton Roads, VA, USA
Listing Number: "1070-FM"
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Asking Price: $348,000 USD USA Dollars
Business for Sale Industry: Auto & Mech: Services & Gas Stations  
Reason for Selling: Death in Family
Year Established: 1983
# of Employees: 6 Full/1 Part
Yearly Revenues: $530,000
Yearly Cash Flow: $125,000
 

Business for Sale Overview:

With a name synonymous with good parts and service, this family run shop has become a local favorite. In operation for over twenty-four years, this shop, located in a highly populated area of the Hampton Roads, offers their customers the same quality service they did at their fruition in 1983. A well equipped 4,324 sq. ft. facility, which houses 6 standard bays and 2 oversized bays for recreational vehicles, limos, etc. The facility is fitted with 5 lifts of various sizes and purpose. Located along a high traffic corridor, this business reaps the benefit of excellent visibility and a prime location. Rent is $4,500 a month through 2012 with a ten year option to follow. Surrounded by a tremendous commercial district including a multitude of unique shops as well as larger businesses.


Property Features and Assets:

4,324 sq. ft. building


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.

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