Auto repair business specializing in suspension, rims, and tires.
Miami, FL
| Asking Price: | $1,100,000 |
| Inventory: | $200,000 |
| Gross Revenue: | $1,200,000 |
| Established Year: | 2018 |
Listing ID: 2291217Listing provided by BizBuySell
BUSINESS DESCRIPTION
Also Comes With Retail Inventory
Calling all auto industry entrepreneurs! Here's a rare opportunity to own a well-established, highly profitable auto repair business specializing in suspension, rims, and tires. This successful business has been grossing over one million dollars per year and has a solid customer base. If you're a seasoned entrepreneur looking for an exciting opportunity to take your career to the next level, this could be the perfect fit for you. Don't miss out on the chance to own a thriving auto repair business in a highly sought-after location. Take the first step towards becoming the owner of a successful auto shop.
DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Employees
5
Facilities
Almost 5 k square ft of space with a very low monthly lease payment, water and other utilities included in monthly rate. Located in a very active commercial area of ??Kendall, close to US-1. Showroom inside the premises where parts and pieces are sold generating additional income, sufficient parking for employees and customers, although the latter are mostly attended to by appointment. The lease contract is valid until 2026, but the landlord is willing to offer a long-term lease (5 to 10 years if desired)
Competition
Miami Dade County has been restrictive in recent years when granting licenses and permits for this type of automotive business, creating a barrier to entry for new competitors, this gives an advantage and exponential growth to already established businesses like this one, which also have the condition of being grandfathered.
Growth & Expansion
This business started in 2018 with a very modest investment and for the last four years has been grossing more than 1.2 million dollars in sales.
Financing
Cash, other financing methods.
Support & Training
Seller is willing to stay the time needed for transition and training.
Reason for Selling
Owner is retiring
Home-Based
This business is Home-Based
Report an Issue with this listing
