Long Established Auto Repair

Altamonte Springs, FL Seminole County

Home Based Seminole County

Asking Price: $228,400

Annual Revenue: $445,835

Automotive & Boats: Auto & Truck Repair & Service

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RE: Long Established Auto Repair
Contact: John Hoyt
License #: CQ1011052

Owner Financing is Available!

TBD based on Buyer qualification.

Quick Facts

	Asking Price:	$228,400
	Annual Revenue:	$445,835
	Net Profit:	$110,331
	Cash Flow:	$110,331
	Total Debt:	Not Disclosed
	FF&E:	$30,000
	Real Estate:	Not Disclosed
	Year Established:	1996
	Employees:	3
	BBN Listing #:	945128
	Broker Reference #:	451-07222

Email or Print Listing

Business Overview:

Long established auto general repair shop. The business has served this area for 38 years providing all types of repairs. Two parcels of real estate are available to purchase. The main shop building is 2,232 square feet where the repair business operates. It could accommodate up to 8 bays and has ample parking. Financial numbers provided cover repair business only. The business consistently produces annual revenue of $450,000. These sales are from a solid base of repeat customers. Advertising is less than $1,000 per year. Seller will assist in transition and may provide some seller financing to a qualified buyer.

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Property Features and Assets:

Can Lease or buy

Market Competition and Expansion:

Current owner is comfortable with annual revenue of $450,000 and has done this with no advertising. After so many years in the same location he has a large repeat customer base. New owner could advertise, build a website, etc.

Reason for Selling:

Retirement

Additional Details:

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

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