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26-year-established General Auto Repair Facility For Sale

Fort Lauderdale, Florida, US
Asking Price:
$675,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,614,909
Cash Flow:
$304,557

This well-known general auto repair and tire facility has been in the same plaza for more than 25 years and is on its way to another record year in sales and profits. This is the trusted neighborhood facility for general repairs, AC service, tires, oil & lube, with more 5-star Google reviews than any other local auto repair facility. There is a great upside, as no advertising is done and the business does not have a website. facility is owned by 2 partners: one is the front desk/administrative, and the other oversees the 3 full-time technicians and repairs. Ideally, the front desk partner trains with the Buyer and retires and the service-tech partner stays on with new owner to continue to grow this amazing shop (salary for remaining partner has been left in the expenses). This is a very steady 5-day shop with little if any seasonal fluctuations. long list of equipment is included, including use of industry software, above-ground lifts, AC machines, oil tanks, etc. All Buyer prospects are required to provide BIO and financial statement before full disclosure. BUYER MUST HAVE RETAIL REPAIR EXPERIENCE AS A GM OR AN OWNER OF A VERIFIABLE SHOP (LANDLORD WILL WANT SUPPORTING PROOF) AS A CONDITION OF LEASE ASSIGNMENT. Please ask for Fernando Mello when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

3,623 SF office/repair center @ $9,564/mo.

Location:

South Florida

Premises Details:

3,623 SF office/repair center @ $9,564/mo.

Business Operation

Expansion Potential:

Unlimited

Competition / Market:

Unknown

Reasons for selling:

Retirement

Trading hours:

M-F; 7A-5P, SAT; 7A-2P

Employees:
3
Years established:
26

Other Information

Support & training:

Seller will train for 3 weeks

Furniture / Fixtures value:
$65,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price