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Auto Repair Facility with Real Estate-Price Reduced

Macomb County, MI

Seller Financing Available
Auto Repair Facility with Real Estate-Price Reduced
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Asking Price: $499,999

Cash Flow: $140,976

Gross Revenue: $620,882

EBITDA: N/A

FF&E: $60,000

Inventory: $5,000*

Real Estate: $300,000

Established: 1993

*not included in asking price.

Auto Repair Facility with Real Estate-Price Reduced

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Business Description

Great opportunity to own an established auto repair facility in southern Macomb County. This auto repair facility has been in business since 1993 and has a great reputation in the community. The building is 2600 sqft with 4 bays. Services offered include: Brakes, Mufflers, AC and heater cores, Batteries, Clutches, CV Joints, Filters, Fluid changes, Flywheels, Oil changes, Shocks, Struts, Suspensions, Tune-ups, Under car, and Water pumps. Gross sales are currently on the up from 2017 to 2018. This is a turnkey operation ready for a new owner to take this business to the next level. Sales can increase significantly by marketing/advertising aggressively, opening on Saturdays, and offering additional services such as window tinting, etc. Business and Building are sold as a package for $499,999 and may be eligible for an SBA loan with as little as 10% down. Don't miss out, this is a rare opportunity that may sell fast! Seller is motivated to sell and will entertain all reasonable offers.

Detailed Information

Location:
Macomb County, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,600
Employees:
3-FT, 2 -PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free Standing Building, 2600 sqft, 4 bays, ample parking. Great frontage on high traffic road.
Financing:
249,999 Down, Amortized over 60 months, 7.50% Interest, $5,009.47 per month Total.
Support & Training:
Seller will train 14 days
Reason for Selling:
Seller's are Retiring
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(from currently available funds)
 
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Paul Habba

Business Listed By:
Paul Habba

Business Broker One

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