Business For Sale

Auto Repair and Parts Supply 2.1 mill sales 30 YRS

Lexington, KY
Fayette County


Asking Price: Annual Revenue:
$810,000 $2,100,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto Repair and Parts Supply 2.1 mill sales 30 YRS Broker: Greg Hedgebeth

Quick Facts

Asking Price: $810,000
Annual Revenue: $2,100,000
Net Profit: Not Disclosed
Cash Flow: $420,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 15
BBN Listing #: 128616072
Broker Reference #: Not Disclosed

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Business Overview:

Auto repair and parts supply business for sale. Established 30 years. 10 bays. Great reputation in the community Very successful and profitable. Seller is retiring and willing to transition and train buyer. Real estate is owned by seller and recently appraised at $885,000. Annual Sales of $2,100,000. Annual cash flow of $420,000. Asking price is $810,000. Including real estate asking price is $1,695,000 and seller does prefer to sell real estate. Approved for SBA loan with about $120,000 in annual debt service.

Reply to Greg Hedgebeth, Lexington Business Brokers.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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