Profitable transmission repair and auto service business for sale

Myrtle Beach, SC (Horry County)

Profitable transmission repair and auto service business for sale

Asking Price:$300,000

Cash Flow:$147,000

Gross Revenue:$550,000

EBITDA:N/A

FF&E:$115,000

Inventory:$2,000

Established:N/A

Profitable transmission repair and auto service business for sale

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Business Description

Profitable Transmission Service

Transmission, body shop and part repair business located on the South End of Myrtle Beach, SC. Shop specializes in transmission but offers many services and also has ample room for expansion. Business has continuously grown with the area and is well respected in the community. Shop is licensed by NAPA and O'Reilly as their parts repair company and also has accounts with area businesses. This shop is great for an owner operator to come in and start making money right away.

Assets/Liabilities
Accounts Receivable Incl. No Real Estate Incl. No
Inventory $1,987 Incl. Yes Liabilities Incl. No
FF&E $114,475 Incl. Yes Other: Incl. No
Leasehold Incl. No Total Assets $116,462

Lender Prequalified: No

Financing/Terms Amount Mos Rate Mo. Pmt.
Loan/Assumable
Loan/Seller $137,500 60 5 $2,595
Other

There are other shops in the area, but this shop has a stronghold on the business. Business works with others in completing services that they can not.

New owners could add towing and other services to increase revenue.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
$100000 down with remaining financed

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Derrick Nunziante

Business Listed By:
Derrick Nunziante

Murphy Business & Financial Corporation-

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Sponsoring Broker:
David Cottingham

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