Listing Number:
BBF-264-00316
|
*
May Qualify For Visa
*
*Contract Pending
*
|
Category
|
: |
Automotive |
|
SIC |
: |
7538 |
|
Detail
|
: |
Auto General Repair |
|
Price
|
: |
2,000,000 |
|
County
|
: |
Palm Beach |
|
Down
|
: |
2,000,000 |
|
State/Prov.
|
: |
Florida |
|
Disc Earn
|
: |
355,027 |
|
Country
|
: |
USA |
|
Sales
|
: |
1,278,910 |
|
A full-service general repair automotive shop established in 1991 is available for acquisition. This shop is so clean and organized; you could eat off the floors. Sale includes a turnkey business and the real estate, a 7,000 sq. ft. facility on .60 acres with large, paved area for parking: eight lifts, extensive tool list and machinery including tire mounting, balancing and Hunter Alignment; state of the art equipment. One Manager/Service Advisor (ASE Certified) and four experienced mechanics generate nearly half of their annual revenue from fleet service. Room for expansion; open Monday to Friday with No Advertising and No Website. Excellent online reviews! Clean Books and Records. Pre-qualify by four SBA Lenders. Financing available to a qualified Buyer with mechanical experience or translatable skills. The Seller is in the process of hiring a fifth skilled technician to continue their organic growth and looking for a sixth skilled tech. The Seller does not charge himself a rent expense. A $100,000 deduction has been made to cash flow for market rent adjustment. Very Confidential Sale. Submit NDA with proof of financial capability and work profile/resume. Showing by appointment only, after hours. Cash flow has a $100,000 deduction/adjustment for rent. 2023 was the best year in its 33-year history. Car Count for 2023 was 3,376 with an average invoice of $405. Car Count for 2022 was 2942 with an average invoice of $385. |
Business is Relocatable: N Home Based: N Franchise: N Lender Pre-Qualified: N May Qualify For Visa: Y
|
Accounts Rec
|
27,000
|
N* |
Real Estate
|
1,300,000
|
Y* |
Inventory
|
10,000
|
Y* |
___________ |
0
|
N* |
F F & E
|
170,000
|
Y* |
Total Assets
|
1,480,000 |
Y* |
Leasehold
|
20,000
|
N* |
|
*
Included?
|
|
The listing agent is a business broker and/or a licensed real estate broker
Click here to return to multilisting display.
|
|