18 Year Industry Leader in Custom Automotive Services and Repair

Broward County, FL

18 Year Industry Leader in Custom Automotive Services and Repair
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Asking Price: $439,000

Cash Flow: N/A

Gross Revenue: $700,000

EBITDA: N/A

FF&E: $175,000

Inventory: $18,000

Rent: $6,000 /Month

Established: 2001

18 Year Industry Leader in Custom Automotive Services and Repair

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Business Description

18 Year Industry Leader in Custom Automotive Services and Repair

An excellent opportunity to own a profitable, turn-key Automotive Service and Repair business located in a HIGHLY visible, PRIME location on the CORNER of a BUSY main thoroughfare in South Florida (Broward County). The Business specializes in custom wheels, tires, alignments, and general repair services. Over the last 18 years, the business has developed a strong brand identity within the industry based on an extremely loyal, repeat customer base coupled with a positive social media presence with EXCELLENT customer testimonials. The Business currently operates with year over year growth and carries no debt. Leverage the existing customer database for marketing campaigns or explore additional growth opportunities such as: extended business hours, advertising, and other ancillary services such as auto-detailing, window tinting, etc. The Business offers a perfect opportunity for an E-2 visa investor.

Detailed Information

Location:
Broward County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
21,912
Lease Expiration:
9/30/2026
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Situated on 21,912 sq ft, operations are conducted from a 3,416 sq ft building and contain the following; (1) one modern digital alignment rack, (4) four two-post lifts, (1) one four-post truck lift, an indoor and outdoor surveillance system, a showroom, an office, comfortable customer waiting area, separate employee and customer restrooms, and plenty of off-street parking. This sale also includes the Brand Name, Website, Inventory, and most Equipment.
Competition:
According to Auto Care Association, Hedges & Company; The U.S. automotive aftermarket is a $296 billion industry (2018) with a compound annual growth rate of 3.4% projected through 2021.
Growth & Expansion:
Leverage the existing customer database for marketing campaigns or explore additional growth opportunities such as: extended business hours, advertising, and other ancillary services such as auto-detailing, window tinting, etc. The business is located on a heavily travelled thoroughfare in Broward County, (Fort Lauderdale / Miami area of South Florida).
Support & Training:
A proven experienced operational team will assist in a smooth transition. Current Owner will also provide three weeks of transitional support.
Reason for Selling:
Retirement
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Business Listed By:
Oscar Gomez

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