Specialty Automotive Repair - Includes Real Estate

Colorado Springs, CO
El Paso County


Asking Price: Annual Revenue:
$395,000 $265,689

Automotive & Boats: Auto & Truck Repair & Service


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RE: Specialty Automotive Repair - Includes Real Estate Broker: Scott Densmore
License #: ER000212091

Quick Facts

Asking Price: $395,000
Annual Revenue: $265,689
Net Profit: Not Disclosed
Cash Flow: $101,706
Total Debt: Not Disclosed
FF&E: $56,000
Real Estate: $260,000
Year Established: 1961
Employees: 2
BBN Listing #: 2983981
Broker Reference #: 0819

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Business Overview:

Specialty Automotive Repair - Includes Real Estate – 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 $260,000 (subject to appraisal) is to be purchased with the business and is included in the total asking price of $395,000. 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 $331,000 but will not be sold separate from the business. Financial information reflects yearend 2018 numbers. Pre-qualified for SBA Financing. Contact Scott A. Densmore, CBI. Scott@fbb.com.

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Property Features and Assets:

- Structure - 1,630 square feet (approximately) - Property - 4,350 square feet (approximately)

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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