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- RE: Profitable Auto Repair With Rental Income
- Contact: John Hoyt
- License #: CQ-1011052
Quick Facts
Asking Price: | $1,000,000 | |
Annual Revenue: | $445,839 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $126,046 | |
Total Debt: | Not Disclosed | |
FF&E: | 30,000 | |
Real Estate: | $780,000 | |
Year Established: | 1985 | |
Employees: | 2 | |
BBN Listing #: | 603528180 | |
Broker Reference #: | 411-07220 |
Business Overview:
Long established auto general repair shop. The business has served this area for 38 years providing all types of repairs. Two parcels of real estate are included in the sale. Building 1 is 2,232 square feet where the repair business operates. It could accommodate up to 8 bays and has ample parking. Building 2 is 1,200 square feet and is currently leased to 2 separate tenants for $2,600 per month. Financial numbers provided cover repair business only but includes Net Rental Income. The business consistently produces annual revenue of $450,000. These sales are from a solid base of repeat customers. Advertising is less than $1,000 per year. Seller will assist in transition and may provide some seller financing to a qualified buyer.
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Property Features and Assets:
Fully equipped auto repair business.
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
Relevant Links:
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