Description
Our firm is pleased to introduce to the market an established auto repair business along with the building. Operating successfully at this location since 2012, this business has established a solid foundation and earned a stellar reputation in the market. Situated on a prominent road in Oakland County, it consistently attracts a steady stream of customers and presents substantial growth opportunities for a motivated buyer.
This auto repair business holds a strong position as a trusted service provider within the local community. Offering a comprehensive range of services including engine work, brakes, shocks & struts, tune-ups, tires, belts, diagnostics, and more, it caters to diverse automotive needs.
Currently, the owner serves as a service writer, delivering exceptional customer service to clients. Supported by a skilled team of two full-time mechanics and one part-time General Service Technician, the business operates efficiently. Spanning approximately 4,200 square feet and occupying half an acre, the shop features multiple large bay doors, facilitating the accommodation of large vehicles. Additionally, there’s a small office/lobby area for customer convenience.
Beyond the auto repair business and shop space, the property boasts a 1,000-square-foot house that can be utilized as a rental property, offering the potential for an additional monthly income of $1,500. Despite a mechanic leaving towards the end of 2023, a new full-time mechanic has been successfully hired, resulting in an upward trend in sales.
This shop is fully equipped and ready for a new owner, with lifts, machines, and equipment in place. Seize this opportunity to unlock the full potential of this thriving auto repair business, coupled with significant real estate value.
Business Overview
| Revenue | $452,087 |
| Cash Flow | $104,270 |
| Inventory | $To Follow |
| Year Established | 2006 |
| Seller Financing | No |
| Employees | 3FT 1PT |
| Asking Price | $250,000 |
Key Statistics
- Hours of Operation: Mon - Fri 8am-5pm
- Employees: 3 Full Time 1 Part Time
- Year Established: 2006
- Year Acquired: 2006
- Liscence Required: Sales Tax & Vehicle Repair
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $452,087
- Source: Tax Returns
- Cash Flow: $104,270
- Source: Tax Returns
- Inventory Value: To Follow
Seller Financing
Location
- Real Estate Price:850,000 w/ House
- Purchase Terms: SBA Eligible
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.