This well-established business opened in 1943 and consists of a well-stocked auto parts shop (a nationally-known brand) and a 6-bay garage, providing all manner of car and truck repair along with state vehicle inspections. The business owns a nicely branded flat bed tow truck.
The garage is capable everything from simple oil and filter changes to major engine rebuilding. The equipment inventory ($109,000 in value) includes a crankshaft grinder, line hone, resurfacer, valve grinder, seat & guide machine, abrasive blast cabinet, flywheel grinder, rotary broach, parts washers, hydraulic hose parts, 20 and 50 ton presses, tire balancer, tire changer, mig welder, standard welder, transmission jack, 120 gallon air compressor, and more.
The auto parts store carries an enormous variety of inventory from tires and batteries to tools, hardware, fluids, filters and almost anything you can imagine.
This turnkey business is ready for a new owner as the seller is ready for retirement.
Financials
Asking Price: $470,000
Gross Revenue:$1.22M
Cash Flow: $195,000
FF&E: $109,000 (Additional to the asking price)
Inventory: $748,000 (Additional to the asking price)
Real Estate: (Might be available. Incidental to the sale of the business. Subject to commercial appraisal. Additional to the asking price)
Payroll: $4,400/month
Training: Seller will train.
Reason for sale: Retirement
Note: Financials are seller-provided and not audited by Inbar Group, Inc.
