Lender Approved Auto Repair and Tire Business

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$550,000 $901,632

Automotive & Boats: Auto & Truck Repair & Service


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RE: Lender Approved Auto Repair and Tire Business Broker: Max Crescenzi

Quick Facts

Asking Price: $550,000
Annual Revenue: $901,632
Net Profit: Not Disclosed
Cash Flow: $188,674
Total Debt: Not Disclosed
FF&E: $77,390
Real Estate: Not Disclosed
Year Established: 1985
Employees: 5
BBN Listing #: 8460630
Broker Reference #: 6401843720

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Business Overview:

After 35 successful years, the owner of this premier Auto Repair and Tire Shop is ready to retire. 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. The 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 $900k year after year and opens 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 an opportunity to own a turn-key prime auto repair business. Please refer to listing number 6401843720, business broker Max Crescenzi when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $5,753; 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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