Description
Our firm is excited to bring this high-volume and well-established auto repair business located in SW Oakland County to market. The real estate is also available for sale which is located on a busy road with excellent road exposure. The total land area is 1.93 Acres with a well-maintained 7,220 Sq. Ft building. 1 Acre is currently not being used and also has excellent road frontage. This unused parcel can be turned into a car dealership adding massive synergistic value to the already successful auto repair business. The property is surrounded by many residential neighborhoods with high-income households and is minutes away from the lake. Revenues from fleet business accounts for approximately 15% of the revenues with a 100% A/R collection rate. The competition around the area is minimal. Currently, the business is being operated by two long-term service writers, five seasoned mechanics, and the owner. The owner’s involvement is minimal relating to the day-to-day operations but is involved in the management of the business. This business is turn-key with all the equipment necessary to operate successfully. Give us a call today to learn more about this fantastic opportunity.
Business Price: $800,000
Real Estate Price: $1,400,000
Total Package Price: $2,200,000
Business Overview
| Revenue | $1,929,111 |
| Cash Flow | $237,920 |
| Inventory | $35,000 +/- |
| Year Established | 1999 |
| Seller Financing | No |
| Employees | 7FT 0PT |
| Asking Price | $2,200,000 |
Key Statistics
- Hours of Operation: Monday - Friday: 8 AM - 6 PM
- Employees: 7 Full Time 0 Part Time
- Year Established: 1999
- Year Acquired: 1999
- Liscence Required: Sales Tax & Repair Facility License
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $1,929,111
- Source: Seller Provided Financials
- Cash Flow: $237,920
- Source: Seller Provided Financials
- Inventory Value: $35
Seller Financing
Location
- Real Estate Price:Included in List Price
- Purchase Terms: Bank Financing
Get More Info
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.