General Auto Repair Center with Real Estate

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$1,500,000 $909,308

Automotive & Boats: Auto & Truck Repair & Service

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RE: General Auto Repair Center with Real Estate Broker: Randy Bring

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $909,308
Net Profit: $210,506
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 9
BBN Listing #: 6677630
Broker Reference #: 0101545519

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Business Overview:

General automotive repair center with real estate included. Rare eastern Palm Beach County location in high income demographic. 35 years same owner, Tax Return financials. Great Visa opportunity.

BUSINESS- Full domestic and foreign repair facility from oil change to major engine repair. Tires, body work & restoration, brakes, A.C. Works on trucks, RV’s and cycles. Financials include $84,000/year rental income AND $55,000/year Seller pays rent to himself. Business is on April 30 fiscal year i.e. 2019 includes 4 months of 2020.

BUILDING/PROPERTY- Free standing industrial building total 7,134 SF on .53 acre (23,300 SF). Building is divided in half, business uses one side, has long term tenant on the other at $7,000/mo. rent. 14ft ceiling, 7 bay doors each side of bldg. Interior office space. Zoned M2 General Industrial. Large fenced in yard. 2 year old certified appraisal of real estate at $1,170,000.

EQUIPMENT- All equipment & lifts other than personal tools included in sale
EMPLOYEES- 8 full time + 1 Manager/foreman
CONTACT- Listing Agent for detailed financials, photos & equipment list.

Please refer to listing #0101545519 & ask for Randy Bring when inquiring.

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Property Features and Assets:

7,134 Square Feet freestanding building with yard @ $4,583/month.

Market Competition and Expansion:


Reason for Selling:

True 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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