Import Autos - Sales & Service

Rockledge, FL (Brevard County)

Seller Financing Available
Front
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Asking Price: $1,200,000

Cash Flow: $166,000

Gross Revenue: $1,500,000

EBITDA: $99,000

FF&E: N/A

Inventory: N/A

Real Estate: $500,000

Established: 1990

Import Autos - Sales & Service

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Business Description

Located in prime location of US Hwy 1, this property provides a high visibility and traffic count at 32-38k CPD 2012. The main building has offices/restrooms and a 4 bay garage for auto repairs. In addition to Auto Sales, they also do mechanical repairs on most types of vehicles and have 2 certified tech mechanics on staff have been working there 10+ years. The business has been operating since 1990 and the owner has 45 years experience, 12 years at this location. Training may be provided as well. All good will, equipment, fixtures, real estate included or business may be purchased separately with renting the building. Owner will warranty equipment for 1 year. Great track record, all positive reviews, and good customer base. Focused Primarily on Import Auto’s: BMW, AUDI, MERCEDES & VOLVO. Average used car sales price is approximately $30,000, with an average of 60 car sales per year. Auto repairs gross is estimated to average $500,000 to $600,000 per year. Contact us for investment summary or to schedule private showing.

Detailed Information

Location:
Rockledge, FL
Real Estate:
Owned
Included in asking price
Building SF:
2,056
Employees:
2
Facilities:
Built in 1964 - Fully Renovated Throughout in 2011! Newer Equipment Throughout! 0.48 Acres direct US1 Frontage!
Support & Training:
Owner will negotiate and provide adequate training as necessary.
Reason for Selling:
Retirement
Business Website:
http://www.bavarianautocenter.com/
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Jesse Tortorice

Business Listed By:
Jesse Tortorice

Spectrum, Inc.

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