General Auto Repair Business

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30821223
Property Subtypes: Auto Related
Building Size (RSF): See Agent
Sale Price: $795,000
In Opportunity Zone? Yes
Year Business Established: 2012
Gross Revenue: $475,000 (Annual)
Cash Flow: $270,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 11/21/2022

Overview / Comments

10 year old established General Auto Repair Business with large customer base of personal vehicle and business fleet business. Well-equipped multi-bay shop located on a major highway with great exposure to over 43,000 vehicles per day. Annual Gross sales of $475,000 with owner-operator compensation in excess of $270,000 annually.
Population of 170,000 within a 5 mile radius

Additional Details

Industry Segment: Auto Body and Repair
Reason for Selling: Seller is retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $40,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Seller of the Business owns the Real Estate and will negotiate a long term lease the shop to the new owner.
Employee/Labor Description: Long term well trained employee want to stay with the buisiness.
Mgmt/Training Support Description: Time period for transition and training is negotiable.
Seller Financing Description: Seller Financing with $200,000 Down payment at 7% interest amortized over 10 years.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282

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