Business For Sale

Specialty Automotive Repair

Colorado Springs, CO
El Paso County


Asking Price: Annual Revenue:
$199,500 $240,059

Automotive & Boats: Auto & Truck Repair & Service


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RE: Specialty Automotive Repair Broker: Scott Densmore

Quick Facts

Asking Price: $199,500
Annual Revenue: $240,059
Net Profit: Not Disclosed
Cash Flow: $100,218
Total Debt: Not Disclosed
FF&E: $56,000
Real Estate: Not Disclosed
Year Established: 1961
Employees: 2
BBN Listing #: 6753981
Broker Reference #: 618

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Business Overview:

Specialty Automotive Repair – Providing over 55 years of quality service, this highly respected and well maintained full-service automotive repair shop primarily services high-end foreign model vehicles. With no active advertising, this business brings in customers based solely on its reputation. The real estate for this business, valued at $249,000 (subject to appraisal) is to be purchased with the business and is included in the total asking price of $448,500. This business currently operates with two vehicle lifts and there is opportunity for expansion into the adjacent property. The adjacent real estate is optionally available for purchase at $314,000, but will not be sold separate from the business. Owners retiring. July 2018 YTD Gross Sales have increased over 34% compared to the same period in 2017. Contact Scott Densmore. Scott@fbb.com www.fbb.com

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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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