MergerPlace

Auto Service Center on BUSY Intersection

Florida (Pinellas)


  • Asking Price: $129,000
  • Gross Income: $383,736
  • Cash Flow: $32,653
  • Real Estate: Not Disclosed
  • Inventory: $7,000
  • FF&E: $30,000
  • Listing ID: #223879
  • Established: 1996
  • Employees: 3

Business Description

Probably Best Location in Entire Pinellas County For an Auto Service Station!

Locations don’t get any better for auto service centers. Cars line up for hundreds of yards at the traffic light right in front of this long-established service station. The drive-by repair business is brisk and continuous all day long. Better yet – the dense residential area is all to the east of the shop and all of the shopping (4 large shopping centers within 2 blocks of the auto service center!) are all to the west of the shop. All local residents have to drive right by this auto repair shop every time they go shopping. This repair shop has become the go-to auto service center for the whole local area. The shop does no marketing because they don’t have to. They get all the business they can handle just by being in that location.

This auto repair center is currently undervalued because they are short-handed at least one technician. Sales were more than double the current levels when the shop is fully staffed. The business has been in the family for more than 20 years and the current owner has been wanting to retire for a while. Now is the time. The current lease has a 5-year option to renew. This auto service center has a great reputation, excellent reviews, and a loyal local customer base that now spans across several generations. This is the perfect business for anyone who would like to own a long-established and well-respected auto service center right on one of the busiest intersections in all of Pinellas County with all of the business they can handle.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Pinellas

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $129,000
Gross Revenue: $383,736
Cash Flow: $32,653
FF&E: $30,000
Inventory: $7,000
Seller Financing Available: No

Property Information

Facilities:

Has 3 lifts. 2 are permanent. Has room for 1 additional lift.

Growth & expansion opportunities:

This business is shorthanded right now. Just hiring one additional auto technician could possibly double sales. Almost no active marketing is being done.

Competition:

This is the best location in the whole area. This auto service station has whole generations of loyal customers that have been coming here since 1996 when it first opened. The reputation and reviews of this established auto service center are excellent.

Reason for selling:

Retirement

Support & Training:

Owner willing to train buyer for 2 weeks after the close.

Contact Business Seller

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Business Listed By:

Mark Harmon

Florida Business Exchange, Inc.