Profitable Automotive Repair Shop, Just $195,000

Oakland County, MI

Profitable Automotive Repair Shop, Just $195,000

Asking Price:$195,000

Cash Flow:$100,000

Gross Revenue:$400,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$300,000*

Established:1998

*not included in asking price.

Profitable Automotive Repair Shop, Just $195,000

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Business Description

This attractive 20 year old full-service auto and truck preventive maintenance and repair business is located in a free-standing building on a large corner lot. The shop is nicely equipped and has two recently installed new lifts. Total value in place of the assets included in the sale approximates $100,000. Services provided to the customer range from small repairs and oil changes to total engine rebuilds.

This well established and profitable auto and truck repair business enjoys a steady stream of repeat customers and new customers referred from satisfied ones. The business is situated on a one-acre parcel on a highly traveled main road. The property may be leased or purchased (seller’s preference) at a favorable price.

Two highly seasoned and productive employees allow the owner to take time off as the employees can capably run the shop and take care of customers’ needs in the seller’s absence.

For a down payment as low as 15%, the buyer may choose to get a SBA guaranteed loan with low monthly payments allowing for an attractive cash flow (after debt service) for the new owner. Payments for the business (listed at $195,000) and property (listed at $300,000) combined would be approximately $45,000 annually leaving an owner-operator as much as $75,000 (after debt payments) based on $120,000 of rent free SDE.

To learn more about this solid, well-established, high cash flowing, and aggressively priced business opportunity, please contact Glen Toadvine (glen@praxisbusinessbrokers.com).

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
3
Financing:
Negotiable
Reason for Selling:
Retirement

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Glen Toadvine

Business Listed By:
Glen Toadvine

Praxis Business Brokers

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Michael Greengard

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