www.selectbg.com
Phone: 303-771-3100
Foreign Auto Repair
- Listing Id: 1733
- Broker Name: Fred M. Mehring
- Category: Auto Repair Businesses
- Asking Price: $680,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $237,219.00
- Inventory: $2,000.00
- No. Of Full-Time Employees: 2
- No. Of Part-Time Employees: N/A
- Gross Income: $811,880.00
- FF&E: $28,000.00
- Year Built: 1986
- Address: Click Here
- Zip Code: Click Here
- City: Arapahoe County
- State: CO
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
High end foreign auto repair business in affluent SE Metro Denver area. Business has a great reputation. Seller does no advertising or marketing just word-of-mouth referrals. $120 per hour labor rate. 2 salaried mechanics are well paid and order parts for their jobs. Owner works 25 hours per week and doesn’t turn a wrench at this 2 bay shop. Great SBA loan candidate.Down payment of $170,000. SBA note $340,000 for 120 moths @5.25%. Monthly payment of $3,647. and Seller financing of $170,000.
Financial Summary
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