High-Volume Auto Repair w/ Real Estate -- PENDING

Not Disclosed, MI
Oakland County


Asking Price: Annual Revenue:
$800,000 $1,929,111

Automotive & Boats: Auto & Truck Repair & Service


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RE: High-Volume Auto Repair w/ Real Estate -- PENDING Broker: Inquiry

Quick Facts

Asking Price: $800,000
Annual Revenue: $1,929,111
Net Profit: Not Disclosed
Cash Flow: $237,920
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,400,000
Year Established: 1999
Employees: 7
BBN Listing #: 29212679
Broker Reference #: B2647

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Business Overview:

Our firm is excited to bring this high-volume and well-established auto repair business located in SW Oakland County to market. The real estate is also available for sale which is located on a busy road with excellent road exposure. The total land area is 1.93 Acres with a well-maintained 7,220 Square Feet building. 1 Acre is currently not being used and also has excellent road frontage. This unused parcel can be turned into a car dealership adding massive synergistic value to the already successful auto repair business. The property is surrounded by many residential neighborhoods with high income households and is minutes away from the lake. Revenues from fleet business accounts for approximately 15% of the revenues with a 100% A/R collection rate. The competition around the area is minimal. Currently, the business is being operated by two long-term service writers, five seasoned mechanics, and the owner. The owner’s involvement is minimal relating to the day-to-day operations but is involved in the management of the business. This business is turn-key with all the equipment necessary to operate successfully. Give us a call today to learn more about this fantastic opportunity.

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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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