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Auto Repair Facility with RE Under Contract for sale in FL

Florida (FL)

Asking Price: Gross: Cash Flow:
$ 2,000,000 $ 1,278,550 $ 355,027

Furniture and Fixtures Value:
$ 170,000 (not included in the asking price)

Inventory Value:
$ 10,000 (not included in the asking price)

Real Estate:
$ 1,300,000 (included in the asking price)

Business Summary:
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.

 

   
Year Business was Established: 1991
   
Number of Employees: 5  
   
Facilities / Terms of Lease: 7,000 sq.ft. building on .60 acre fenced lot  
   
Potential Growth/Expansion: 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.  
   
Competition: 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.  
   
Owner willing to finance: SBA lending available to qualified Buyer. Must have the mechanical background experience  
   
Owner willing to train: 30 days training to ensure a smooth transition.  
   
Reason for selling: Retirement  
   
Seller Reference Number: 3836
BusinessMart.com Listing Number: 308108
 

 

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For more info contact:

Roberta Caputo

Capital Business Solutions
954-596-8060

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