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Auto Repair Services with major tire dealership

North Port, FL (Sarasota County)

Seller Financing Available
Auto Repair Services with major tire dealership
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Asking Price: $1,650,000

Cash Flow: $228,867

Gross Revenue: $981,137

EBITDA: N/A

FF&E: $180,000

Inventory: $100,000

Real Estate: $1,000,000

Established: 1981

Auto Repair Services with major tire dealership

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Business Description

Automobile repair and tire sales business. Located on West coast Florida market for over 45 years. ASE Certified Mechanics offer full automotive services for foreign & domestic vehicles. Plenty of experience servicing muscle cars. Computer diagnostics & repairs on A/C, brakes, transmissions, tires & wheel alignments. 6 above-ground lifts & 1 motor home lift. Premier location with easy access from major area thoroughfare. Several large accounts included in fleet revenue. Seller owns real estate included in purchase price. Real estate is 1.25 acres with 2 buildings. One building (8,600 sq. ft.) occupied by business. Additional income from second building (4,194 sq. ft.) rented at $2,000/month. Seller has run the good race and is looking to slow down and semi-retire but will consider staying on as a part-time employee.

Detailed Information

Location:
North Port, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
12,000
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Real estate is 1.25 acres with 2 buildings. One building (8,600 sq. ft.) occupied by business. Additional income from second building (4,194 sq. ft.) rented at $2,000/month.
Financing:
$1,485,000/300 mos./8.5%
Support & Training:
4 weeks at no cost
Reason for Selling:
Retirement
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(from currently available funds)
 
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Brian Dumas

Business Listed By:
Brian Dumas

Business Advisors Group

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