Asking Price:

$229,500

Gross Income:

$328,675

Cash Flow:

$57,000

FF&E:

$31,000.00 *

Inventory:

N/A

Real Estate:

$214,500.00 *

Year Established:

1994

Employees:

2

Business Types:

Auto Repair, Parts & Services
Miscellaneous Repair Services

* included in the asking price

Business Description

A great opportunity for someone to own their own shop. Owner wants to sell the property and the business in a combination so would be eligible for an SBA loan with a small downpayment. Call Kathie: 800-890-7613 x 402 for more information. This is a busy shop and the owner never works in it. Asking price of business is 15K and the cash flow of 57K is with out any owner participation. If owner operated -then the manager's salary of 43K goes to owner. Totally being operated by an absentee owner.

Detailed Information

Facilities:

Free standing building and auto repair business to be sold as a combination. Business is 15K and propety is 214,500K Established. Presently operated by absentee owner.

Competition:

Auto repair shops always have competition, but this one stays very busy so they must be doing something right. This shop is very established and provides excellent service.

Growth/Expansion:

Profits could be immediately increased by owner-operator instead of manager. Manager would like to stay for absentee owners planning their future.

Support/Training:

TBD purchase agreement

Reason Selling:

retirement