Auto Speed & Machine Shop

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$299,000 Not Disclosed

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Speed & Machine Shop Broker: James Knox

Quick Facts

Asking Price: $299,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $279,000
Real Estate: Not Disclosed
Year Established: 1969
Employees: 5
BBN Listing #: 2813630
Broker Reference #: Other interests

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Business Overview:

This is a fully operational machine shop that has been rebuilding and boring engine heads for more than 48 years. Most engines are diesel but they do many gas motors as well as many custom-built race motors. The owner is selling the company for its asset which are valued at about $279,000, the inventory is about $20k, and there is about $28,000 in monthly revenue. The owner wants to do something different and therefore is selling the business. There is big potential for the right person to come in and make some adjustments to operations in order to turn a good profit. Please refer to listing number 6401-83685 and advisor James Knox when inquiring.

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Property Features and Assets:

Lease/Month: $1,872.50; Square Footage: 2,800; Building Type: warehouse; Expiration Date: 2/1/2019.

Market Competition and Expansion:

There is only one shop that offers all these services and it is located 60 miles away. Clients include all the major dealerships and many race related shops in the region.

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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