Established Auto Repair Business

Ludington, MI (Mason County)

Established Auto Repair Business
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Asking Price: $1,200,000

Cash Flow: N/A

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Real Estate: $550,000

Established: 1997

*not included in asking price.

Established Auto Repair Business

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Business Description

Excellent business opportunity to own and operate your own auto repair facility. This is an established business with top ratings and also winning the 2017 business of the year award. This business has been regarded as one of the best equipped and knowledgeable shops in the area with excellent service. The shop includes 9,000 sq ft, 6 bays, large waiting area, two large offices, a break room area, changing room for technicians, utility room with hot and cold running water and a large restroom. Also has a large parking lot on a corner lot with room to grow. This location and building has lots of other potentials uses as well. Located in PM Twp industrial park, a potential of over 12000 sq ft, Seller has priced for different options, ask agent for details. Building built in 2013

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
12,000
Employees:
7 FT, 1 PT
Facilities:
New building in 2013, ample parking with room for expansion
Competition:
Good reputation with repeat clients and referrals. Yearly increase in business. Recently named 2017 Business of the Year, Reader's Choice Award 2018 for favorite business & favorite mechanic. Small town market.
Growth & Expansion:
1.5 acre site provides adequate room for expansion (addition of tire sales & front end alignments) Existing 3,600 sq ft are would be ideal for tire storage. Plus an additional 2,800 sq ft on second level that is not in use now.
Reason for Selling:
Health issues
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Contact the Seller

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Lori Dickenson

Business Listed By:
Lori Dickenson

Lighthouse Realty

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Sponsoring Broker:
Rick Randall

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