Auto Repair Business & Real Estate

File# C2561
Location: N/W Wayne County
Business Price: $575,000
Down Payment: Possible Bank Financing
Monthly Payment:NA
Interest Rate: NA
Amortization Period:NA
Gross Sales: $831,104
Source: 2019 Tax Returns
Cash Flow: $258,158
Source: 2019 Tax Returns
Inventory: $4,000 +/-
Days Open: 5 days
Business Hours: 8 am - 6 pm
Seats: NA
Parking: Ample
Licences Required:Repair Facility + Sales Tax
Year Established:1969
Year Acquired: 1993
Building Price:$585,000
Building Terms:Possible Bank Financing

Profile:

Our firm is proud to present this fantastic auto repair business for sale located in NW Wayne County. The business is located on a busy main road nestled in a beautiful residential neighborhood with tons of homes and businesses around it. Most of the customers of the business are from within a 5 mile radius. The business has experienced a consistent increase in its sales for the past 3 years. In 2019, the cash flow to the owner was over $250,000. Currently the business is being run by two ASE certified mechanics and the owner. The owner primarily manages the business and also is the service writer. The most common services provided at the shop are maintenance services like oil changes, brakes, rotors, shocks, tie-rods etc.. Some services like glass, module programming, transmission rebuilding etc.. are outsourced. The average repair order in 2019 was $478.44 and a total of 1,687 cars were serviced. The business is being run out of an excellent building located on a corner. It is in great conditions and is over 11,000 Sq. feet with a total of 7 hoists and one alignment rack. Alignments are performed on a Laser Hunter Alignment machine with the latest update. All the equipment necessary to run the business is included except the owner’s toolbox and tools. This is truly a turn-key business with enormous room to increase revenues. There are 10 parking spots outside and 25-30 cars can be parked inside the building. The price of the business is $575,000 and the real estate is listed for $585,000. SBA Financing is possible. Call us today to learn more about this fantastic opportunity.

 

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.