Established, Booming Auto Repair Shop

Myrtle Beach, SC (Horry County)

Seller Financing Available
Established, Booming Auto Repair Shop
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Asking Price: $825,000

Cash Flow: $220,011

Gross Revenue: $942,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2003

Established, Booming Auto Repair Shop

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Business Description

Excellent growth history with proven profits

This well established auto repair shop has been servicing the community for over 15 years. Sales are increasing year over year and the business is extremely profitable.

Seller owns real estate and lease terms are negotiable for right buyer. Owner will finance and give buyer lease/purchase option of real estate for right buyer.

The shop is fully stocked with everything a good mechanic could want. It includes 4 auto bays and 2 bays for diesels/box trucks.

Sales include used tire sales that add an additional $1,500 to $2,000 per week in revenue.

Detailed Information

Location:
Myrtle Beach, SC
Employees:
6
Facilities:
4,000 sq ft building on approximately .5 acre corner lot. Situated on high traffic road in commercial area of town
Competition:
Only a couple of automotive repair shops within 2 miles of location and area is seeing tremendous demographic growth
Growth & Expansion:
Owner maintains minimal hours. Shuts down mid afternoon and closed on weekends. Easily could increase volume with extended and second shifts on weekends.
Financing:
negotiable lease
Support & Training:
Owner will stay during transition and mechanics wish to stay
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tony Warren

Business Listed By:
Tony Warren

Revenue Avenue Business Brokerage

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Sponsoring Broker:
Terry D Walden

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