Under Contract - Successful Auto Repair in North Central FL!
Asking Price: | $875,000 |
Gross Revenue: | $1,649,993 |
Rent: | $4,958.73/Month |
Established Year: | 2000 |
Cash Flow: | $328,405 |
Inventory: | $3,000 |
FF&E: | $150,000 |
This local auto repair shop is a true gem. Located on a busy highway and is attached to a well-known auto parts store. Lease and rent rate expires in 2026 with a renewal (small percentage increase). The owners are now paying $4,958.73/mo which INCLUDES SALES TAX & UTILITIES. The facility boasts a back room, 6 repair bays and an office. There are 8 employees including the 2 owners who are husband and wife whom just oversee the operation, and are not essential employees. They work on many Mini Coopers, BMW’s, Bentley’s, and other high-end cars. They also specialize in restoration of classic cars and diesel engine repairs. Included with the sale is a very successful marketing campaign that has generated a great percentage of the businesses revenues. Additional income can be found in referral's from the Auto Parts store attached to the location.