Description

This family owned auto repair shop has been consistently profitable for the past sixteen years and with it's loyal base of customers and existing local government service contracts it is expected to continue that track record many years into the future. This listing is priced extremely aggressively as the owner is motivated in his retirement goals at this point. Listing price includes over $150,000 of lifts, tools, and equipment. This shop also runs only Mon-Fri. leaving substantial income on the table for the new owner.
Key Investment considerations
*Very consistent income of $135,000-160,000 after all expenses and payroll yearly. *Low risk business as it's essentially the only game in town. * Local government service contracts in place and will transfer to new owner. *Lease is locked in with no increase for the next five years at $3,300 monthly for this 9,000 s.f. facility with another 5 year option to renew at the end of the lease. *Current owner does zero marketing for business leaving extremely high potential for an increase in new owner's income. *Owner Financing is available with $200,000 down. *Lender financing available to well qualified buyers with 20-30% down in most cases. Not all buyers will qualify.
As always, other brokers with qualified buyers are welcome to inquire about any of our opportunities. Bring your qualified buyers!!! Don't let this consistent money maker pass you or your clients by!!!

Financial Summary

N/A