Established and Reputable Automotive Repair Shop

FL

repair shop
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Asking Price: $1,060,000

Cash Flow: $120,442

Gross Revenue: $1,143,783

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $800,000

Established: N/A

Established and Reputable Automotive Repair Shop

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Business Description

*Under Letter of Intent*
Business Price: $260,000
Real Estate: $800,000

2018 Revenue: $1,143,783
2018 Operating Profit: $120,442

June 30, 2019 Revenue: $619,416
June 30, 2019 Operating Profit: $144,986

Summary Description: For sale is a well-established auto repair and service shop in Florida. This well-known and respected shop focuses on reliable and extensive customer service. The Company services all vehicle types.

The revenue is up by 8% and the cost of goods sold is down by 8.5% for the first six months of 2019 compared to the first six months of 2018. Estimated operating profit for 2019 is expected to reach $289,972.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
The Seller owns the facility (totaling approximately 15,000 square feet) and the land.
Growth & Expansion:
The Company is currently underutilizing its building space and available capacity. Additional staff to enable a higher quantity of vehicles serviced and adding extra hours and fleet services will help to increase profits.
Support & Training:
Will be provided by the seller.
Reason for Selling:
Retirement
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Contact the Seller

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Bill Gibson

Business Listed By:
Bill Gibson

Gibson and Associates, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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