Highly Acclaimed Auto Center For Repair and Service
Fairfield County, CT
| Asking Price: | $3,000,000 |
| Gross Revenue: | $3,200,000 |
| Rent: | $14,500/Month |
| Established Year: | 2005 |
| Cash Flow: | $700,000 |
| Inventory: | $25,000 |
| FF&E: | $1,600,000 |
Listing ID: 2308865Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well Established & Respected Automotive Repair & Service
This is a well respected repair and service center for automobiles. They do everything from rebuilding engines to high end tuning. They service everyday autos to racing autos. They are in a great facility with spacious grounds. Great rent with lease having over 10 years to go. Owner will transition the business professionally and help new ownership to feel comfortable in understanding the business and why it is successful. Not looking for tire kickers...no pun intended...want buyers who are serious and have the financial ability to purchase the business.
DETAILED INFORMATION
Location
Fairfield County, CT
Inventory
Included in asking price
Real Estate
Leased
Building SF
20,000
Lease Expiration
01/01/2040
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There is a 20,000 square foot facility which is updated and looking great. There is a 20,000 square foot yard also. The assets are included in a Powerpoint presentation that can be gotten once an NDA is signed. Over $1MM in equipment and assets. Great storage facilities on the site also.
Competition
lot's of competition out there but not much at a quality level. Business done here is not done on a price point but rather a quality point. Customers come here due to reputation from far and wide!
Growth & Expansion
There are several areas that could increase business but business is growing tremendously at this time sticking to what brought them to the dance.
Financing
There is a small % that the seller will finance and that will depend on the buyers cr
Support & Training
Seller will transition the business as professionally needed. No short cuts. Owner is willing to help the new owner transition in after a fair transition period for a fair price.
Reason for Selling
Owner spent a lot of time in the business and now wants to reap the rewards and
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