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RE:  Auto Repair Shop With Real Estate Since 1992 Contact:  Andy Fischer

Quick Facts

Asking Price: $1,050,000
Annual Revenue: $693,762
Net Profit: Not Disclosed
Cash Flow: $183,955
Total Debt: Not Disclosed
FF&E: 40,000
Real Estate: $820
Year Established: 1992
Employees: 3
BBN Listing #: 88004955
Broker Reference #: 1040-17111

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Business Overview:

Successful auto repair shop located in the Hollywood area, in a residential community and surrounded by commercial businesses. The business has been established since 1992 and owned by the current owners since 1996. The business has a strong presence in the community. The shop has 4 bays and 4 lifts, 2 are in the building and the other 2 are outside. The business is being sold with the real estate appraised at $820k which is owned by Seller. The lot is 18,167 sq ft and the building 1,344 sq ft. Clean books and records. The business has 2 certified mechanics which perform routine maintenance and basic repairs to the vehicles. There are 5,000 plus clients in the data base. Owners looking to retire.

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Property Features and Assets:

Real Estate is owned by the Seller. Assets = $860,500

Market Competition and Expansion:

There are other shops in the area. No new shops allowed in the neighborhood. The current owners have not done much marketing, the reputation has been build mainly through word of mouth. Other services can be added to the shop.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • 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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