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Essential Business Auto Service Plaza Fl Treasure Coast For Sale

Port St. Lucie, Florida, US
Asking Price:
$3,600,000 Furniture / Fixtures included
Sales Revenue:
$5,390,000
Cash Flow:
$500K - $2.5M

Essential business open during virus! Auto repair/tire dealer/quick-lube/auto dealer lot/gas station/c-store

Sales are down a little due to the virus, but still holding strong. Profitable.

SBA lender pre-qualified with 10% down for a qualified buyer! May qualify for us visa (15 - 20 employees in normal times). Located in florida's beautiful treasure coast region. Busy, popular, profitable, iconic 32-year established, diverse auto plaza including 1.57 prime acres (included in sale) and over 9,000 sq.ft. of buildings, visible from a major interstate highway and also a second busy feeder road to another interstate - with a combined daily traffic count of nearly 70k.

Service divisions: Automotive general repair, independent tire dealership, independent quick-lube, independent 4-pump gas/diesel gas station with additional high capacity diesel pump/tank for big rigs, convenience store and used car lot on the grounds. No franchise fees or royalties to pay or rules to follow - this is a local independent brand created with 32 years of history. Gas can be purchased from any source to provide a more steady and self-directed profit margin vs. the chains (same with tires and other products). Seller has many good sources of low-cost high-quality gas which he will share with a new owner.

The combined business grosses over $6.4 million, with sales steadily growing at 10-15% annually.

Owner will stay for a reasonable period (minimum 30 days) to train and assist in the transition. Current management team which are fully knowledgeable about all aspects of the operation will remain if desired.

- ~ $162k avg inventory across divisions may be included in a purchase - negotiable.
- Substantial expensive, high-end equip included in sale - details in due diligence
- Clean environmental survey of property.
- Total buildings over 9,000 sq.ft.
- Gas station canopy and space for dedicated commercial pump
- All financials, numbers and other representations are based on owner provided information and not warranted

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Upstairs: Potential for live-in manager, etc. (must be confirmed with zoning dept. etc.)

Location:

Located on Florida's Treasure Coast (north of Palm Beach County, south of Melbourne, FL: This auto plaza is visible from a major interstate highway (and very near the exit) and also a second busy feeder road to another interstate - with a combined daily traffic count of nearly 70k.

Premises Details:

Over 9,000 sq ft located on 1.57 acres of prime owned commercial real estate (included with sale), with visibility from a major state highway and also fronting a second busy and high-traffic road. Clean environmental survey.

Size in square feet:
Over 9,000 sq ft. of buildings

Business Operation

Expansion Potential:

There are number of clear ways to grow and expand the business from the existing location and facilities. For example, there is high confidence convenience store sales could easily be increased with plans already in place.

Competition / Market:

This business has built a stellar reputation over the past 30 years, with many loyal, repeat personal and business clients of all kinds and commercial vehicle maintenance contracts in place. Business has defined competitive advantages over it's competitors. For one thing, it is a "one stop shop" that attracts many clients to stop for general automotive work, tire needs, gas, C-store, oil change all at the same location.

Reasons for selling:

Retirement

Trading hours:

Daytime hours

Employees:
18
Years established:
32

Other Information

Support & training:

Seller will stay and train/ assist with the transition for at least 30 days. Also, the highly knowledgeable current managers and employees are expected to be agreeable to remaining long-term if a buyer wishes.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Strong SBA financing options are available (as low as 10% down) for a qualified buyer. Seller is unlikely to offer any but a small seller loan.

Furniture / Fixtures value:
$5,000 - included in the asking price
Inventory / Stock value:
$150,000