Extremely Profitable Brake & General Auto Repair Business. Established since 1997 servicing the Wellington/Royal Palm/Lake Worth community. Sales $1.6 million +. Owner benefit $470k+. Experienced manager in place with seasoned mechanics. Seller works 25 hrs/week. Lease extends 2032. 4000 sq ft auto center with 8 bays & 7 lifts. Should qualify for Visa. Lender pre-qualified. All buyers must show Bank Prequalification to meet with the owner.
- Asking Price:
- $1,200,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,633,901
- Cash Flow:
- $470,736
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 11547 Square Footage: 4000 Building Type: Auto Plaza
Terms & Options: One-5 year option Expiration Date: 9/1/2027
- Lease Rent:
- $11,547 per sq ft per annum
- Location:
-
Lease extends 2032. 4000 sq ft auto center with 8 bays & 7 lifts.
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday-Friday 7:30-5:30 Saturday 7:30-3:30
- Employees:
- 6
- Years established:
- 27
Other Information
- Support & training:
-
4 weeks no cost
- Furniture / Fixtures value:
- $60,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
