Five Star Rated European Auto Service

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$399,000 $1,138,972

Automotive & Boats: Auto & Truck Repair & Service


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RE: Five Star Rated European Auto Service Broker: Eric Breidenbach
License #: WA17578

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,138,972
Net Profit: $196,224
Cash Flow: $196,224
Total Debt: Not Disclosed
FF&E: $117,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 4
BBN Listing #: 3377931
Broker Reference #: SE10770

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Business Overview:

This shop has provided expert care and premium customer service for German automobiles for over thirty years. Decades of staff experience plus specialized tools and equipment enable this shop to handle the full spectrum of maintenance and repair tasks for new and vintage models. Five vehicle lifts facilitate expansion opportunity. Zoning for auto repair shops in this highly desirable city location is highly restrictive making it very difficult for new competitors to secure space. SE10770

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Property Features and Assets:

The current lease will expire on 12/31/2022, a new lease is available Rent $11,522, NNN $1,879, 6,000 square feet. Hours Tuesday thru Friday from 8 am to 4:30 pm.

Reason for Selling:

Retirement

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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