Auto Repair/Mechanic Shop with Real Estate(Land & Building) - High Net
Asking Price: | $1,400,000 |
Gross Revenue: | $948,322 |
Cash Flow: | $262,003 |
Inventory: | $30,000 |
Great opportunity to acquire and a high net, well established, short hours, auto repair/mechanic shop with Real Estate.
Please note, that this establishment opens its doors for business only five(5) days per week, Monday through Friday, closed on Saturday and Sundays for approximately forty-eight(48) hours per week business operations.
GROSS INCOME F.Y. 2023: $948,322.00
NET Income/SDE F.Y. 2023: $262,003.00
Growth potential: Current ownership allocates minimal resources towards advertisement and promotion of this business and most business is repeat or referral. For instance total advertisement revenue expended for advertisement in F.Y. 2023 was a mere $1,062.80. Therefore, higher bottom line may be realized by an incoming owner by engaging in advertisement campaigns as well as utilizing social media.
Prime Real Estate:
Prime freehold property in a high-activity residential and commercial area. Strategically located on a busy street and in close proximity to residential and business communities with easy freeway access, ensures this business with high volume of vehicle traffic and a steady stream of clientele.
Building Size: 3,000+- SqFt
Lot Size: 16500+- SqFt
Fully Staffed & Fully Equipped:
This business has three(3) well trained employees. Current owner predominantly works as a service writer in a managerial capacity.
Seller is offering this business for sale after over thirty(30) years of ownership. Real property, short hours, high net, included equipment, presents a great acquisition opportunity.
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