This business has been approved for SBA loan. The prospect buyer needs to have Auto repair background or have been an owner of a Mechanic shop to be approved.
High Profit, Low Rent, Excellent Location with 25 years of customer retention Auto repair shop. Approx -/+ 3000 sq ft Auto Repair shop with $1500.00 rent was established 25 years ago. The location is a very nice newly developed area with lots of homes across the street. The garage is well Maintained with plenty of parking front and back. A roll up door, with four lifts. On hand inventory is approximately$6000.00 The location also has a
loft area, right now used for storage. Nicely kept clean reception area. This business is ran by the owner and two employees.
Per Tax returns for the seller,
2024the Gross income $436,000 and Net income is $220,000.00
2023 Gross income $497,000 and Net income is $227,000.
2022 Gross income for 536,000 –Net income 264,000.00.
2021 Gross income554,000.00--- Net income 207,000.00
The lease has 4.5 years left on the lease. High marks on reviews. Owner is looking to retire and spend more time with the family.
Ad#:2277948
