Popular General Auto Repair Shop

Not Disclosed, FL
Seminole County

Central Florida


Asking Price: Annual Revenue:
$220,000 $507,157

Automotive & Boats: Auto & Truck Repair & Service


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RE: Popular General Auto Repair Shop Broker: Brad Carpenter

Quick Facts

Asking Price: $220,000
Annual Revenue: $507,157
Net Profit: Not Disclosed
Cash Flow: $100,026
Total Debt: Not Disclosed
FF&E: $55,828
Real Estate: Not Disclosed
Year Established: 1987
Employees: 3
BBN Listing #: 979445422
Broker Reference #: 409-02257

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Business Overview:

Fantastic opportunity to own a 30+ year automotive shop focused on both American and Foreign car general repair. Also, the Shop has a great reputation for repairing Classic vehicles that accounts for 20%-25% of Shop's revenue.

3,500 Square Feet Shop includes several lifts and required equipment. Enjoys great reputation among consumers and also includes select Municipal fleet accounts. Does no advertising except for Yellow Pages, moreover marketing effort for many years has been "word of mouth" with Shop actually repairing 2nd and even some 3rd generation Central Florida clients.

Shop includes 2 techs and manager. Original owner is semi-absentee due to health challenges. Ideal working owner would represent 3rd tech and replace manager. High density housing construction is underway nearby that should spur additional demand for services. Owners also owns building and would consider option to purchase. Adjoining 3,500 Square Feet bay is also available to leases that currently houses owner's restore vehicles.

Clean financials. Business is Lender prequalified.

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Property Features and Assets:

Turn-key repair Shop with all of the equipment. Consist of 3,500 Square Feet Bay that includes 2 lifts and plenty of outside parking and adjoining fenced storage. Building is available for lease at $3,400 plus sales tax, FULL SERVICE, landlord pays building taxes, insurance and CAM. Also, additional contiguous 3,500 Square Feet bay is also available to lease.

Market Competition and Expansion:

Several area repair shops within 5-mile radius servicing growing area demographics. Located in close proximity to neighborhood housing and select commercial businesses that could allow additional Fleet business. Reputation is sound and Shop has been fixture in Community. Currently does no advertising except for Yellow Pages. Additional adjoining space is available to lease. Additional techs could allow for business expansion. Huge Client base exists.

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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