Auto Repair Mechanic shop, Broward County, nets over $155,000 per year

Pompano Beach, FL
listing image
Asking Price:$499,000
Inventory:$9,500
Gross Revenue:$660,000
Established Year:2002
BUSINESS DESCRIPTION

* Excel spreadsheet is attached with estimated numbers given by the seller

This is an unbelievable opportunity to own a business that has unlimited potential. This auto repair shop has been in business at the same location for over 20 years with constant customers, all numbers must be verified and the seller says it makes close to $155 net per year. He also just started selling cars which will only grow he's only had the car sales license for two months the garage fixes all type of cars and they also sell used in new tires there is also a Bay where it can be turned into an auto body shop, will need the booth and licenses. .
This shop is a corner location located in Broward County which is expanding every month population growth. The potential here is that he does not advertise even $1.00 because he's had a steady stream of customers but with advertising, this should raise the sales automatically the seller is willing to stay on for 30 days to train and for six months to be around to make sure the new owner is successful he says he will even stay for a small fee to help the used car business increase
The seller says he will prove all numbers after in non-disclosure has been signed in proof of funds has been shown
This auto repair shop has five lifts three of which are less than two years old one alignment machine computer scanner and seven bays the current owner is the one that writes up all the invoices and again he said he will train the right person, and we'll stay at least 30 days for free and after that we'll stay if he is paid.
The asking price is $499,000, not including the cars on the lot and the tires, but all other equipment.

• Nets over $155,000 a year
• Five and a half days open, closed Sundays
• Seller will stay on for 30 days free and train
• Used car sales lot approved for 17 cars now
• Asking $499,000 plus the cars on the lot and the tires

* Excel spreadsheet is attached with estimated numbers given by the seller


DETAILED INFORMATION
Location
Pompano Beach, FL
Inventory
Not Included in asking price
Employees
5
Growth & Expansion
Business does not advertise
Support & Training
30 days free
Reason for Selling
Retiring
Report an Issue with this listing
Jeff Clark
logo-img
Jeff Clark