High Activity Auto Repair Business & Real Estate

Daytona Beach, FL
Volusia County

Business District


Asking Price: Annual Revenue:
$795,000 $465,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: High Activity Auto Repair Business & Real Estate Broker: Bradley Carpenter
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $795,000
Annual Revenue: $465,000
Net Profit: Not Disclosed
Cash Flow: $190,500
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: $695,000
Year Established: 1984
Employees: 3
BBN Listing #: 499045422
Broker Reference #: 40902252

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Business Overview:

Unbelievable opportunity. Likely significantly below appraisal given substantial price reduction! 41 year old Auto repair shop focused on general repairs that is turning away business as owner is ready to retire. Has 3 Full Time mechanics with owner basically addressing calls and greeting clients. Includes over 7,000 Square Feet building located along active roadway in the heart of the Daytona business center, only 2 blocks away from one of the primary bridges leading to the beach. Property includes nearly 2.5 "high and dry" acres offering great parking/storage along with lighted pylon sign.

Business is extremely scalable as it is not open on Weekends and closes at 5:30pm with owner taking several vacations that closes business at such time.

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Property Features and Assets:

Assets include 5 lifts, numerous tools and inventory. Shop enjoys great reviews and a large Client base that is ready to be expanded. Not only great RE investment that is very likely well below appraisal and offers attractive business that generates strong cash flow. Owner is ready to move forward to retirement. Business is located within 7,000+ Square Feet metal building that includes a large waiting room, offices and service shop. 3 Phase Power included along with 5 lifts and several large roll-up doors surrounding shop. Additional canopy space for outside repairs exists with property fenced around nearly 2.5 acres of level land sufficient for overflow parking and storage. Business includes a lighted pylon sign fronting highway that enjoys strong traffic counts.

Market Competition and Expansion:

Area is experiencing strong growth and owner is currently turning down business. Supports both consumer and area business needs with only "word of mouth" advertising. Area auto repair shops do exist which are typically restricted by customer parking and limited work space that named business enjoys. Any effort of advertising should enhance demand for services notwithstanding increasing business hours including possible Saturday availability. Plenty of room and additional lifts to include additional technicians to expand service volume. Tire sales and alignment services are also an option.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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