This is a great opportunity to own a very successful, 5-star European Auto Repair Shop in Suburban Wayne County, MI. Located on a heavily traveled road, this 2,500 sq ft free-standing, 3 bay with hoist repair shop is surrounded by plenty of residential/commercial properties along with auto dealerships in the surrounding area. All equipment is in excellent condition, very well maintained with some newer equipment all included in the sale. There is one room that is not being utilized and can easily be expanded into the front showroom. Seller rents an additional lot a block away to store overflow of vehicles to service. Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, expanding on hours, opening on Saturdays, adding a website, adding fleet/commercial accounts, a complete retail department to sell accessories, wheels/tires/alignments along with additional services, you have HUGE potential to the already solid figures. Owner has done very well in the past with even higher sales figures but turns away business to keep up with the demand and continuing a 5-star status. This shop is a Bosch, Carfax and Liqui Moly certified garage! This is a turn-key business that will not disappoint! A must see/must have business that will not last long! Ideal for an owner/operator or an additional location to an established service center. Call Armen Nazarian Business Brokers
- Asking Price:
- $349,900
- Sales Revenue:
- $236,896
- Cash Flow:
- $110,713
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
All equipment is in excellent condition, very well maintained with some newer equipment all included in the sale. There is one room that is not being utilized and can easily be expanded into the front showroom. Seller rents an additional lot a block away to store overflow of vehicles to service.
- Size in square feet:
- 2,500
Business Operation
- Expansion Potential:
-
Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, expanding on hours, opening on Saturdays, adding a website, adding fleet/commercial accounts, a complete retail department to sell accessories, wheels/tires/alignments along with additional services, you have HUGE potential to the already solid figures.
- Employees:
- 2
- Years established:
- 7
Other Information
- Support & training:
-
seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$349,900 with $175,000 down. 8% int., amortized over 120 months, balloon due in 60 months
- Inventory / Stock value:
- $10,000
