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Full Service Auto Repair Shop for 25 Years! for sale in Broward County, FL

Broward County, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 399,000 $ 609,764 $ 206,989

Furniture and Fixtures Value:
$ 40,000 (included in the asking price)

Inventory Value:
$ 1,500 (included in the asking price)

Business Summary:
Successful auto mechanic shop established 25 years ago. Solid data base of recurrent clientele. The owner moved out of state and it has been running it absentee for the last 2 years. The business has a great reputation and is located in a high traffic street with an average daily traffic of 61,500 cars. The services provided are: routine maintenance, transmissions, brakes and air conditioning. Great staff in place. Owner will help buyer into a successful transition. The Seller owns another location in Boca Raton, also for sale. They can be purchased together or separately. Numbers are presented assuming owner operator.

 

   
Year Business was Established: 1989
   
Number of Employees: 3 FT  
   
Facilities / Terms of Lease: The business has been in the same location for 30 years. Average daily traffic is 61,500 cars. The business has 8 lifts in 3,000 sq ft. The rent is $8,623, the lease expires in 10/2019 and there is 1 x 5 year option to renew.  
   
Potential Growth/Expansion: The owner has been absentee for the last two years as he moved out of state. A dedicated owner with new ideas and implementing a marketing campaign should help the business grow.  
   
Competition: This shop has 25 years in the market, it has a great reputation and known to be experts in Japanese cars. They are known for their quality of service.  
   
Owner willing to train: Will train for 2 weeks @ no cost  
   
Reason for selling: Owner moved out of state.  
   
Seller Reference Number: 1040-15327
BusinessMart.com Listing Number: 247796
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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