MergerPlace

Profitable Foreign Car Repair & Used Car

Florida (Palm Beach)


  • Asking Price: $350,000
  • Gross Income: $1,055,115
  • Cash Flow: $167,827
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $100,000
  • Listing ID: #213970
  • Established: 2004
  • Employees: 2 FT / 1 PT

Business Description

Reason for Sale: Retirement- Servicing the Wellington/Royal Palm area. Specializing in all European cars with 7 bays. Fully equipped with factory level diagnostic equipment. Owner benefit $167k for an Owner/Service manager. 2 experienced mechanics on staff. Seller will provide long term lease. 4000 sq ft facility. Active dealer license in place to acquire used car at the auction and sell worldwide.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 1 PT

Financial Information

Asking Price: $350,000
Gross Revenue: $1,055,115
Cash Flow: $167,827
FF&E: $100,000
Inventory: $8,000
Seller Financing Available: No

Property Information

Facilities:

4000 sq ft facility-Seller will provide a 5 yr. lease with 1 - 5 yr. option. Rent $5k/month.

Reason for selling:

Retirement

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers