TURNKEY - Auto Service and Repair - Heavy Traffic Location
Oklahoma County, OK
| Asking Price: | $800,000 |
| Gross Revenue: | $486,765 |
| FF&E: | $107,000 |
| Established Year: | 1983 |
| Cash Flow: | $154,756 |
| Inventory: | $5,000 |
| Real Estate: | $400,000 |
Listing ID: 2174933Listing provided by BizBuySell
BUSINESS DESCRIPTION
This is a turn-key auto service and repair business with a 41+ year presence. Owner is mostly absentee and it is still growing with great cash flow and profit margin. ~ Some Seller Financing Is Available ~ Ideal location, great customer base and thriving. Plenty of parking for customer vehicles with 2 commercial lots included in price. Strong community presence, constant influx of new customers; from military to passers by and many referrals. Dealerships also refer to this great business.
DETAILED INFORMATION
Location
Oklahoma County, OK
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,224
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Highly visible building and 2 commercial lots on a main thoroughfare. Well maintained, constant upkeep and upgrades.
FF&E Overview: Three lifts, shop tools, A/C machine, high-end scanning tools & programs, air compressor, cutting tools, engine hoist, library of old-school manuals, etc.
FF&E General Condition: Well maintained, constant upgrades and purchases
Competition
This industry continues to grow as consumers maintain vehicles longer as opposed to purchasing new. The local competition is not strong, therefore creating a wait list to get into this shop with a stellar reputation.
Growth & Expansion
Growth can be created quickly by adding mechanics, with existing bays available. Additional revenue streams could be offering muffler/exhaust services, tires, and auto detailing. There is ample room for all of the above options.
Financing
Owner Terms:$400,000.00 Interest:8.0% Term Months:120 with 5 year balloon Monthly
Support & Training
4 weeks
Reason for Selling
Retirement
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