Foreign Auto Repair - Building And Land Incld.

Jacksonville, FL Duval County

Jacksonville

Asking Price: $1,100,000

Annual Revenue: $650,594

Automotive & Boats: Auto & Truck Repair & Service

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Foreign Auto Repair - Building and Land incld.

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RE: Foreign Auto Repair - Building And Land Incld.
Contact: Anthony Rigney
License #: CQ1055334

Owner Financing is Available!

Generous Owner Financing; $720,000 at prime rate for 20 years.

Quick Facts

	Asking Price:	$1,100,000
	Annual Revenue:	$650,594
	Net Profit:	$385,364
	Cash Flow:	$385,364
	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. $600K down and $500K seller 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 homebased business opportunity.
This is not a franchise resale opportunity

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