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Reputable Auto Repair Shop - SOLD! for sale in North Oakland County, MI

North Oakland County, Michigan (MI)

Asking Price: Gross: Cash Flow:
$ 149,000 $ 343,000 $ 76,662

Furniture and Fixtures Value:
$ 60,000 (included in the asking price)

Inventory Value:
$ 10,000 (included in the asking price)

Business Summary:
Located in an auto service strip center, this well known complete auto repair shop has maintained consistent sales for the past three years. The owner works full time as one of shops mechanics but would like to relocate to pursue his aviation ambitions. The business maintained positive cash flow from the day it was bought 8 years ago. This is an excellent opportunity for an owner who can function as a mechanic or service writer.

 

   
Year Business was Established: 1990
   
Number of Employees: 3FT  
   
Facilities / Terms of Lease: 6 bay 2,895 sq ft leased space on major high traffic road. Gross lease at $3,500 is on the month to month basis and could be renegotiated further down.  
   
Potential Growth/Expansion: Advertising (web/mailers, etc) would create excellent potential growth opportunities since all their sales are generated from repeat customers or word of mouth. The addition an automated business system would further enchase their ability to communicate with their large customer base. Coupons and service remainders are proven methods for increasing sales.  
   
Owner willing to finance: $75,000 down with a seller note for the balance to a qualified buyer.  
   
Owner willing to train: Seller will train  
   
Reason for selling: Relocating  
   
Seller Reference Number: MI060810
BusinessMart.com Listing Number: 82745
 

 

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For more info contact:

Tanya Popov

Inix Consulting and Brokerage, LLC
248-727-2789

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