High-End Auto Repair Shop For Sale in Philadelphia

Philadelphia County, PA

Seller Financing Available
High-End Auto Repair Shop For Sale in Philadelphia

Asking Price:$150,000

Cash Flow:$81,330

Gross Revenue:$460,000

EBITDA:N/A

FF&E:N/A

Inventory:$1,057

Lease Rate/Sq. Ft.:N/A

Established:1976

High-End Auto Repair Shop For Sale in Philadelphia

Get Financing Save Print Share Valuation Report

Business Description

Niche market auto repair business! Auto repair shop for sale. Clientele includes owners of better automobiles. This auto business is a specialized shop that caters to a certain section of the auto market. The owner did $109 of advertising in 2015. Clients come from word of mouth. Owner is willing to finance 2/3 of the transaction, and willing to stay on for a full year at the new owner's discretion.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
3 FT
Facilities:
Shop includes 3,300 square feet of space. There are four lifts and room to work on a total of six cars. Clean shop, well-kept up. A full equipment list is available upon request.
Competition:
While there are a number of auto repair shops in the area, this shop is the "go to" place to get a complex car repaired. The current owner is willing to stay on as a manager or mechanic at the new owner's discretion for a year or more.
Growth & Expansion:
A new owner could hire one or two experienced mechanics and start an advertising campaign which would bring in more customers. Also, a new owner could be open on Saturdays. Because this shop serves a specialized market, it has a captive clientele.
Financing:
$50k down/$100k for 84 mos. @ 7%.
Support & Training:
Will train for 2 weeks @ no cost. A business license with the City of Philadelphia is required.
Reason for Selling:
Owner would like to retire and perhaps pursue other opportunities.

Listing Statistics for Premium Members

Ad#:1310513 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

David Lynn

Business Listed By:
David Lynn

Murphy Business & Financial Corporation

Show Phone Number

View My Listings


Sponsoring Broker:
Murphy Business

Find out more...

Get more details about this business.


Similar Listings


Meineke Car Care Centers

Franchise Opportunity
Capital Required: $250,000