85 Year Old Auto Parts/ Repair Business With RE
Birmingham, AL Jefferson County
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- RE: 85 Year Old Auto Parts/ Repair Business With RE
- Contact: Philip Webb
Quick Facts
| Asking Price: | $2,700,000 | |
| Annual Revenue: | $2,097,587 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $315,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $368,000 | |
| Real Estate: | $1,500,000 | |
| Year Established: | 1940 | |
| Employees: | 11 | |
| BBN Listing #: | 696158883 | |
| Broker Reference #: | 86715-438304 |
Business Overview:
Price Reduction! The sales price has been reduced by $300K and includes both the business and the owner-occupied real estate.
Overview
This is a unique opportunity to acquire a family-owned, well-established, and profitable auto parts and repair business that has been a cornerstone of the community for 85 years. Along with the owner-occupied real estate, this business is located in a prime spot with excellent visibility and interstate access.
Key Highlights
- 85 Years of Excellence: A long-standing business with a rich history and a loyal customer base.
- Prime Location: High visibility and easy interstate access, attracting a steady flow of customers.
- Spacious Facility: Ample workspace to accommodate up to 18 autos and trucks simultaneously.
- Consistent Growth: Revenues and profitability have been trending upwards year after year.
- Skilled Workforce: A dedicated and experienced team is in place to support operations and sales.
Financials
- Price Reduction: The sales price has been reduced by $300K and includes both the business and the real estate.
- Included in Sale: Operating fixed assets and accounts receivable.
- Real Estate: The property is included in the total price, offering a complete package for the buyer.
- Proof of Funds: All potential buyers must provide proof of funds and/or undergo a background review.
Ideal Buyer
While the seller prefers a buyer with experience in the auto parts and repair industry, it is not a prerequisite. This opportunity is suitable for anyone with a similar skill set or an interest in the industry.
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Property Features and Assets:
Facilities: The building sits on 1.58 acres of land based on total estimated square feet of 68,825. New buyer can discuss lease or purchase. See broker for details.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Alabama businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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