Seller's Contact Information
- RE: 39 Yr. Auto Repair W $200K SDE - Quick Sale Price!
- Contact: Michael Preston
Quick Facts
Asking Price: | $248,000 | |
Annual Revenue: | $924,521 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $201,877 | |
Total Debt: | Not Disclosed | |
FF&E: | $48,590 | |
Real Estate: | Not Disclosed | |
Year Established: | 1984 | |
Employees: | 5 | |
BBN Listing #: | 808462372 | |
Broker Reference #: | 130-22212 |
Business Overview:
This Auto Repair & Service business was founded in 1984. Originally a Porsche specialty shop, over time (in the late 90’s) they branched out to all German makes and models. The business was later rebranded to set themselves apart as a German automotive specialist in the market – helping to drive revenue and create lasting relationships with their clients. While they do specialize in German automotive with all the specialized and state of the art tooling - they also service other imports for oil changes, brakes, etc.
This is an essential service that continues to do well, even in tough times (i.e. the pandemic) and the future is bright – particularly in an area where driving is a necessity (whether privately owned or rideshare drivers). Contact us today!
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Property Features and Assets:
This business has a leased location of 4,472 square feet with a total monthly rental of $7,414. The seller is active in business with 4 Full Time and 1 Part Time employees. Hours of operation are Monday - Friday, 8am-5:30pm. Included in asking price are $5,000 in inventory and $48,590 in equipment and fixtures.
Reason for Selling:
Moving Out of State.
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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