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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: motivoweb@gmail.com

6-Bay Auto Repair w/Real Estate

6-Bay Auto Repair w/Real Estate

Genesee County

Listing#: C2572
Description

Our firm is proud to present this fantastic auto repair business for sale located in Genesee County. The business is close to M54 and I69, a busy area in Genesee county. The business has around 6,000 clients in the database and 90% of them visit the shop more than once. In 2019, the cash flow to the owner was over $210K. Currently, the business is being run by two ASE-certified mechanics and the owner couple. The owner couple primarily manages the business and also acts as the service writer. The most common services provided at the shop are repair and maintenance services like suspension, brakes, engine, electronic system, transmission, etc. The building has a nice security system and the office was renovated at the end of 2019. The entire building is in great condition and is over 3,500 Sq. feet with a total of 6 bays and 5 lifts. All the equipment necessary to run the business is included except the owner’s toolbox and tools which are optional for sale. This is truly a turn-key business with stable cash flow and enormous room to increase revenues, the couple maintained the business at the level of $700K in the last three years without marketing the business and with 4 working days per week. There are 30-40 parking spots outside. The price of the business is $250,000 and the real estate is listed for $350,000. SBA Financing is possible. Call us today to learn more about this fantastic opportunity.

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Business Overview

Revenue $737,335
Cash Flow $174,334
Inventory $5,000 +/-
Year Established 1986
Seller Financing Yes
Employees 4FT 0PT
Asking Price $250,000
Key Statistics
  • Hours of Operation: Monday - Thursday: 7:30 am - 6:30 pm

  • Employees: 4 Full Time 0 Part Time

  • Year Established: 1986

  • Year Acquired: 2006

  • Liscence Required: Repair Facility & Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $737,335

  • Source: Tax Returns

  • Cash Flow: $174,334

  • Source: Tax Returns

  • Inventory Value: 5,000 +/-

Seller Financing
  • Business Price: $250,000

  • Down Payment: $100,000

  • Monthly Payment: $2,830.69

  • Interest Rate: 5%

  • Amortization Period: 60



Location
Real Estate Available for Purchase

  • Real Estate Price: 350,000

  • Purchase Terms: $150,000 down, $3,774.25/month, 5%/60 months

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