Auto Repair Business for Sale

Broker Profile
Business Broker Profile – Anthony John Rigney
July 17, 2020
Sold! Pizzeria Downtown
October 22, 2020

Auto Repair Business for Sale

Auto Repair Business for Sale – Includes Real Estate

Asking Price: $1,200,000

Cash Flow: $324,578

Gross Revenue: $577,848

FF&E: $50,000 included 

Real Estate:$600,000 included 

Established:1982 

Business Description

Auto Repair – Great Cash Flow – Includes Building and Land 

Highly profitable auto repair and body shop with real estate included. In business for over 3 decades. This cash cow business specializes in luxury foreign imports and has more business than it can handle. Owner is looking to retire and is offering overly generous seller financing. 40% down and 60% note carried for 20 years at prime rate. You can’t beat that. Seller will help train to smooth transition. Competent and reliable staff in place. There are other revenue streams that are not included here in these numbers. This one of a kind opportunity will not last long so call today.    

Detailed Information
Location:
Jacksonville, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,000
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 Building totaling over 6,000 Square foot. Including Office, 5 Repair Bays, Body Shop and Paint Shop. Includes 0.52 acre of land and has frontage on busy road.
Competition:
38 years in business has seen competitors come and go while this business remains strong.
Growth & Expansion:
Opening longer hours and adding staff could grow business.
Financing:
720K @ Prime Rate 20 Years
Support & Training:
3 weeks at zero cost. Seller willing to stay around longer if needed on terms negotiable
Reason for Selling:
Retirement

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