Full Service Auto Repair Center in Metairie, LA


Full Service Auto Repair Center in Metairie, LA

Asking Price:$249,000

Cash Flow:$106,925

Gross Revenue:$435,000





Full Service Auto Repair Center in Metairie, LA

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Business Description

This full service auto repair center has been in operation for over three decades in the heart of Metairie, Louisiana. Building has 4,000sqft of space and is immaculately clean and has three bays for use. Business is located on a very high traffic area with good road visibly. Business last year did approximately $435K in revenue and turned a cash flow of approximately $106K. With the sale of the business will come $80K in FF&E. Seller owns the building and will help negotiate a favorable lease for the new owner. New Orleans is a fun and exciting place to live. There is plenty of affordable housing. New Orleans is the fastest growing, large, metropolitan city in the United States. The culture and people are unique. World class recreational activities abound like French Quarter, Mardi Gras, Superbowl, Final 4, Sugar Bowl, New Orleans Bowl, Jazz Festival, College Football Championship, Saints and Pelicans professional sports teams and much more. The new up and coming technology district will position New Orleans well into the future along with the port and the tourist/convention business. Seller has decided to sell due to retirement. Seller has priced the business to sell at only $249K and will consider some seller financing from a qualified buyer with a reasonable down payment. Come by today and see this business in action, meet the owner, make offer!

Detailed Information

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Furniture, Fixtures, & Equipment (FF&E):
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Daniel Hester

Business Listed By:
Daniel Hester

Sunbelt Business Brokers of New Orleans

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Sponsoring Broker:
Joel Duran, CMSBB

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