Description

$225,000 NET PROFIT!! Only $50,000 DOWN!!

This well-established Automotive Shop has been in business since 1988. It is in a high traffic area and is also right next to a large neighborhood. There is a busy car wash right next door which brings in many customers. The shop is  also very clean, organized, and well kept. Although the owner has been very successful and claims that he has made good money over the years, after working in the industry for 40+ years, he is finally ready and highly motivated to retire and travel the world.

This repair shop is on a 2,200 sq ft. space with a Base Rent of $4,414/m. There is one more year left on the lease but the landlord is willing to offer a good lease with options to any qualified buyer/investor. There is one full-time employee with a monthly payroll of $4,900. There are 3 x Bays and 3 x Lifts above the ground. The owner claims his Net Annual Income is around $225,000. By hiring a lead technician, the business can be owner absent with the Net Income still being around the $125,000 range (For all the investors out there). The books are available.

The owner is willing to provide 2 weeks of training, 20 hours per week.

This sale off the business will include high quality equipment with replacement parts and around $25,000 worth of inventory at no extra cost. (Email me for photos of equipment and a 3D tour)

This business is ideal for an auto mechanic who is ready to be their own boss.

Square Foot: 2,200 sq ft.

Rent: $4,441/m

Employees: 1 Full time

Hours: Mon-Friday 8 am-5 pm

Business Information