MergerPlace

Full Service Auto Repair Shop for 24 Yea

Florida (Palm Beach)


  • Asking Price: $140,000
  • Gross Income: $368,094
  • Cash Flow: $100,233
  • Real Estate: Not Disclosed
  • Inventory: $1,500
  • FF&E: $25,000
  • Listing ID: #217392
  • Established: 1995
  • Employees: 2 FT

Business Description

Successful auto mechanic shop established 24 years ago in the Boca Raton Area. Solid data base of recurrent clientele. The owner moved out of state and it has been running it absentee for the last 12 years. The business has a great reputation and it has been in the same great location for many years. The services provided are: routine maintenance, transmissions, brakes and air conditioning. Great staff in place. Owner will help buyer into a successful transition. The Seller owns another location in Fort Lauderdale, also for sale. They can be purchased together or separately. Numbers assume that the owner operates the business.


Business Details

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

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $140,000
Gross Revenue: $368,094
Cash Flow: $100,233
FF&E: $25,000
Inventory: $1,500
Seller Financing Available: No

Property Information

Facilities:

Lease expires in February, 2024. Options negotiable. Location is 1,800 sq ft, 3 lifts. Great location.

Growth & expansion opportunities:

The owner has been absentee for the last two years as he moved out of state. A dedicated owner with new ideas and implementing a marketing campaign should help the business grow.

Competition:

This shop has 24 years in the market, it has a great reputation and known to be experts in Japanese cars. They are known for their quality of service.

Reason for selling:

Owner moved out of state.

Support & Training:

Will train for 2 weeks @ no cost The services provided are: routine maintenance, transmissions, brakes and air conditioning. The owner has a ASE-certified MASTER technician.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers