Profitable, Auto Repair & Body Shop w/ real estate

N.W. Florida

COMPANY OVERVIEW

This business was established by current owner in 1998. It offers…

SERVICES….
* complete auto repair
* custom exhaust
* auto restoration
* complete body & paint work

FEATURES……
* well established, turnkey
* profitable and stable
* ASE certified technicians
* includes real estate valued at 195k
* long-term contracts w/ national car rental firms for body repair
* pre-approved by national SBA lender
* hi-tech paint booth
* And much more!!!

This is an excellent opportunity to own a profitable business on the beautiful gulf coast.

GENERAL INFORMATION

Year Established:
1998
Facilities:

The facility is in excellent conditions with no repairs required. It consists of 2-buildings on half-acre. It has ample, paved parking for 60 cars. The buildings consist of an air-conditioned office, 2-canopies, 2-lifts, 1-swing arm, 1-drive-on & pit for oil changes. This faculty is located on prime real estate on a major hwy. Facility includes ultra-modern paint booth/shop.

MARKET OUTLOOK

Competition:

As in most business there is competition. But few in the market area have 2-profit centers including auto repair & body work. The seller is of retirement age and as such spends less than 20 hrs./wk at the business. A hands-on owner can increase efficiency and perhaps eliminate an employee.

Growth Expansion:

A full-time owner/operate can increase revenue & profitability.

ABOUT THE SALE

Financing:

This business has been pre-approve by national SBA lender for a qualified buyer. Seller may take back a small note.

Training:

Seller will provide sufficient transition assistance to ensure a smooth take-over at no charge.

Reason for Selling:

Seller is well into retirement age and wishes to full retire.

FINANCIAL SUMMARY

Asking Prince:
$425,000
Revenue:
$449,000
Cash Flow:
$152,150
Real Estate:
$195,000 (incl. in sale)
FF and E:
$65,000 (incl. in sale)
Inventory:
$5,000 (incl. in sale)