Semi-Absentee: Las Vegas Auto Mechanic Est 1968

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$999,000 $1,295,905

Automotive & Boats: Auto & Truck Repair & Service


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RE: Semi-Absentee: Las Vegas Auto Mechanic Est 1968 Broker: Trent Lee
Owner Financing is Available!
$750,000 Down Payment and SWC balance for 36 months at 6%

Quick Facts

Asking Price: $999,000
Annual Revenue: $1,295,905
Net Profit: $305,879
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1968
Employees: 8
BBN Listing #: 42745142
Broker Reference #: 101-16026

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Business Overview:

This auto mechanic shop is run by an Semi-Absentee owner and was established over 50 years ago! They gross over 1 million per year, servicing over 50 cars per week and have 22 bays. Half of their mechanics are on commission only! They have 3 departments: General mechanic, heavy diesel, and auto restoration. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please use this ad's email reply or contact Listing Agent Trent Lee.

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Property Features and Assets:

This is a leased location of 14,000 square feet with a Total Monthly Rent of $7,500. Lease ends 6/2027 with One 10 year option. Seller is active in the business with 8FT employees. Hours of operation are Monday - Friday 7:30am-6pm and Saturday 8am-5pm. An Auto Mechanic License is required. Inventory $50,000; FF&E $150,000; Leasehold Improvements $125,000

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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