Very Profitable Automotive Repair Shop--Broward County

Fort Lauderdale, FL
Rolls_
Sale Pending
Asking Price:$1,265,000
Gross Revenue:$1,301,832
FF&E:$40,000
Cash Flow:$511,689
Inventory:$8,000
Established Year:2008
BUSINESS DESCRIPTION

Very Profitable Auto Repair and Air Conditioning Service

Location: Broward County, South Florida (specific location details available upon NDA signing)
2023 Gross Sales: $1.3MM
Seller’s Discretionary Earnings (SDE): $512,000
Owner’s Role: Shop Foreman (Income configured for a working owner capable of working on cars)
Officer Compensation: Normalized to industry Standard
Service Writer: Dedicated front counter staff member
Clientele: Located in a blue-collar, densely populated area with a high demand for honest, quality automotive repairs
Fleet Accounts: Established relationships with some fleet accounts from the surrounding industrial warehousing district
Facility & Equipment:
5 automotive lifts & much more
All necessary equipment in working order
Staff: Qualified technician team comprised of 5 Auto Technicians
Services Offered:
Full-service auto repairs for all makes and models
Custom and performance exhaust work
Emissions and catalytic converter services
Differential repair
Brake services
Air conditioning and heating repair
Electrical work and diagnostics
Suspension services
Engine replacement and repair
Complex computer diagnostics
Seller Financing: Seller, at sole discretion, may consider holding a seller note for qualified buyers
SBA Pre-Qualified: Business has been pre-qualified by SBA Lender (requires buyer qualification)
E2 Visa: Business may qualify for E2 Immigration Visa


DETAILED INFORMATION
Location
Fort Lauderdale, FL
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Auto repair facility operates out of a 2600 Sq. Ft warehouse building. All day-to-day equipment is in working order. Equipment list is available for review after providing necessary documentation.
Competition
Repair is located inside of a dense blue-collar neighborhood
Financing
Business is SBA prequalified. However, seller is also open to seller financing. Selle
Support & Training
Seller is willing to train buyer for 2 weeks at no additional cost and is willing to stay on longer if needed after negotiating compensation.
Reason for Selling
Burnt out
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Manny
Fernandez
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Manny Fernandez