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Listing Number: 3836
SOLD - Auto Repair Facility with Real Estate
A full-service general repair automotive shop established in 1991 is available for acquisition. This shop is so clean and organized; you could eat off the floors. Sale includes a turnkey business and the real estate, a 7,000 sq. ft. facility on .60 acres with large, paved area for parking: eight lifts, extensive tool list and machinery including tire mounting, balancing and Hunter Alignment; state of the art equipment.
One Manager/Service Advisor (ASE Certified) and four experienced mechanics generate nearly half of their annual revenue from fleet service. Room for expansion; open Monday to Friday with No Advertising and No Website. Excellent online reviews! Clean Books and Records. Pre-qualify by four SBA Lenders. Financing available to a qualified Buyer with mechanical experience or translatable skills. The Seller hired a fifth skilled technician to continue their organic growth. Looking for a sixth skilled tech.
The Seller does not charge himself a rent expense. A $100,000 deduction has been made to cash flow for market rent adjustment.
Very Confidential Sale. Submit NDA with proof of financial capability and work profile/resume. Showing by appointment only, after hours. Cash flow has a $100,000 deduction/adjustment for rent. 2023 was the best year in its 33-year history. Car Count for 2023 was 3,376 with an average invoice of $405. Car Count for 2022 was 2942 with an average invoice of $385.
Listing Broker
Patrick-Gagliardi
Chief Operating Officer
Phone: 954-633-7278
Email:
[email protected]
- Category: Auto Repair
- Asking Price: $2,000,000
- Gross Sales: $1,278,550
- Cash Flow: $355,027
- County: Palm Beach
- Area: West Palm Beach
- FFE: $ 170,000
- Inventory: $10,000
- Real Estate: $1,300,000
- Employees: 5 - Full-Time 0 - Part-Time
- Facilities: 7,000 sq.ft. building on .60 acre fenced lot
- Relocatable? No
- Home Based? No
- Market Notes: This turnkey operation is exceptionally clean and organized. The facility has an experienced staff with every tool and State of the Art equipment needed to perform any task.
- Growth Notes: There is the room in their facility to accommodate additional mechanics. By initiating a marketing campaign and adding an online presence, this will attract new customers while adding new services to scale the business.
- Support Training: Seller will assist in the orderly transition of the customer and staff
- Year Established: 1991
- Financing Terms: SBA lending available to qualified Buyer. Must have the mechanical background experience
- Reason for Selling: Retirement
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified Yes
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes