Foreign Auto Repair - Building and Land incld.

Jacksonville, FL
Duval County


Asking Price: Annual Revenue:
$1,200,000 $577,844

Automotive & Boats: Auto & Truck Repair & Service


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RE: Foreign Auto Repair - Building and Land incld. Broker: Anthony Rigney
License #: CQ1055334
Owner Financing is Available!
Generous Owner Financing; $720,000 at prime rate for 20 years.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $577,844
Net Profit: $324,578
Cash Flow: $324,578
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $550,000
Year Established: 1982
Employees: 4
BBN Listing #: 714954044
Broker Reference #: 778-10004

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Business Overview:

Auto Repair - Great Cash Flow - Includes Building and Land

Highly profitable auto repair and body shop with real estate included. In business for over 3 decades. This cash cow business specializes in luxury foreign imports and has more business than it can handle. Owner is looking to retire and is offering overly generous seller financing. 40% down and 60% note carried for 20 years at prime rate. You can't beat that. Seller will help train to smooth transition. Competent and reliable staff in place. There are other revenue streams that go with the business but are not included here in the numbers. This one of a kind opportunity will not last long so call today.

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Property Features and Assets:

2 Building totaling over 6,000 Square foot. Including Office, 5 Repair Bays, Body Shop and Paint Shop. Includes 0.52 acre of land and has frontage on busy road.

Market Competition and Expansion:

38 years in business has seen competitors come and go while this business remains strong. Opening longer hours and adding staff could grow business.

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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