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  • Listing No.: 224-20327

  • Category: Auto

Asking Price $187,000
Down Payment
Gross Revenue $419,078
Total Adjusted Net Income $70,665
Equipment / Fixtures $50,000
Year Established 1931
General Location
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This is a fantastic opportunity to purchase an auto repair shop that specializes in the electric components of the vehicle for the last 90 plus years. Located at one of the busiest intersections, this shop does very little advertising. Being a specialty auto repair shop there is no competition, in fact, they get referral work from local dealerships. This 1766 sq. foot 2 bay garage has 2 lifts and all the equipment needed. Over 7K in inventory included in the purchase price. Selling the business for 187K, but seller is motivated as they have retirement plans. The building is also for sale to the right buyer for an additional 300K. If you are ready to go on your own, this is your chance to own a proven, successful auto repair specialty shop in a prime location. Seller will consider all offers, including a lease to own option on the real estate. Call today as this opportunity will not last!

Gross Revenue $419,078 Listed Price $187,000
Total Income $70,665 Down Payment
Base Rent $2,000 Square Feet 1766
Total Rent $2,000 Lease Expiration
Rent Deposit Lease Options
Inventory $7,000 Leasehold Improvements $0
Equipment / Fixtures $50,000 Other Assets
Full-Time Employees 4 Training Period 14 Days
Part-Time Employees Special License Required
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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