Premier Auto Repair Shop Nets $196k

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$575,000 $1,098,861

Automotive & Boats: Auto & Truck Repair & Service


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RE: Premier Auto Repair Shop Nets $196k Broker: Max Crescenzi

Quick Facts

Asking Price: $575,000
Annual Revenue: $1,098,861
Net Profit: Not Disclosed
Cash Flow: $196,621
Total Debt: Not Disclosed
FF&E: $95,390
Real Estate: Not Disclosed
Year Established: 1985
Employees: 5
BBN Listing #: 8460630
Broker Reference #: 6401843720

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Business Overview:

After 36 successful years the owner of this premier Auto Repair and Tire Shop is ready to retire. The business does zero advertising and yet grows exponentially year over year. Financing has been pre-approved through an SBA lender with 20% down. Highly respected in their industry, they have established through word of mouth and referrals, a solid customer base and many fleet accounts. Owner does customer service and administrative work, he has 4 full time long term mechanics in place including 1 head mechanic. (see employee chart) This is a high volume shop with sales exceeding $1.1M a year. Open only Monday-Friday. The shop has high ceilings with 5 bays and 5 heavy duty lifts to handle commercial vehicles and trucks. Equipment (List attached) includes a Hunter alignment machine, Ranger tire machine, scanners and other high quality equipment. This is a great opportunity to own a turn-key prime auto repair business servicing an average of 25 cars per day, five days a week. Please refer to listing number 6401843720, business broker Max Crescenzi 561-758-4241 when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $6004 Square Footage: 3,420; Building Type: Warehouse; Terms & Options: Available TBD; Expiration Date: 9/30/2023.

Market Competition and Expansion:

Non Compete : Miles: 30 Years: 4

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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