Auto Repair Shop

Casselberry, FL

Seller Financing Available

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Asking Price:$775,000
Gross Revenue:$447,723
FF&E:$30,000
Established Year:1985
Cash Flow:$123,065
Inventory:$3,000
Real Estate:$510,000
BUSINESS DESCRIPTION

Long established auto general repair shop. The business has served this area for 38 years providing all types of repairs. The business consistently produces annual revenue of $450k. These sales are from a solid base of repeat customers. Advertising is less than $1,000 per year. Seller will assist in transition and may provide some seller financing to a qualified buyer. Owner increased his shop rate at the beginning of this year and through 8 months he is on target to Gross $500k in 2024.Real estate is appraised at $510,000.


DETAILED INFORMATION
Location
Casselberry, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,232
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully equipped auto repair shop with up to 8 bays
Competition
Auto repair work is constant. All of his business is word of mouth. He does no advertising.
Growth & Expansion
Owner increased his shop rate at the beginning of the year. 2024 should Gross $500,000.
Financing
Seller may provide financing for qualified buyer.
Support & Training
Seller will provide transition assistance.
Reason for Selling
Retirement
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John
Hoyt
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John Hoyt