Mechanic Workshop with Wheel, Tires and Auto Parts Store

Fort Lauderdale, FL
Quality products Store
Asking Price:$450,000
Gross Revenue:$1,078,141
Rent:$5,125
Established Year:2000
Cash Flow:$147,530
Inventory:$120,000
FF&E:$95,000
BUSINESS DESCRIPTION

Long-Standing Success: With over 24 years of consistent operations and a strong reputation, this business is a proven leader in its field.
Comprehensive Services: Auto parts, accessories, tires, and wheels; installation and routine automotive maintenance for cars, trucks, and SUVs; certified dealer for major brands such as Nitto, Hancock, and Nexen.
Prime Location: (1) Strategically located on the iconic State Road 7, known for hosting renowned dealerships. (2) Facility spans 4,200 square feet, including a fully equipped mechanic shop with two hidraulic bridges and a store for wheels, accessories, parts, and tires.
Operational Excellence: (1) Staff: 4 full-time, well-trained employees; (2) financials: Maintains clear and organized records; (3) Managed actively by the two owners, ensuring a smooth operation.
Investment Benefits: (1) Suitable for USA Visa eligibility; (2) partial seller financing available for qualified buyers; (3) Automotive aftermarket, tire, and wheel experience is beneficial but not mandatory.
Reason for Sale: Owners seek retirement after over 24 years of dedication to this thriving business.
Summary: This business presents a robust opportunity for investors aiming to acquire a profitable and well-established venture in the automotive sector. With a strong customer base, prime location, and included inventory, it offers a seamless transition for new ownership and continued success. The price of the business is $400,000, including $120,000 in saleable inventory.


DETAILED INFORMATION
Location
Fort Lauderdale, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,200
Lease Expiration
31/12/2028
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business has a visible front-street store facing US Road 7 and a well-equipped mechanic shop in the back. Has ample parking.
Growth & Expansion
The owners have been running the business for over 24 years. A fresh new management team is expected to catch up with modern marketing and operating methods developments and perform better than the current owners.
Support & Training
The sellers will train the buyer for free during the first four weeks. Later, they will always be at hand for any sporadic consults from the buyer.
Reason for Selling
Retirement
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Alfredo
Gonzalez
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Alfredo Gonzalez