Asking Price: $499,900
Cash Flow: $211,355
Gross Revenue: $609,544
EBITDA: N/A
FF&E: $40,275
Inventory: $11,535
Rent: $6,438 /Month
Established: 1990
Business Description
SBA Approved With Large Loyal Customers
When looking to purchase an automotive repair business. The most important assets are their reputation & active customer base. After all, repeat business & referrals from happy existing customers are the bread & butter of Cash-Flow. This automotive repair shop has been servicing the surrounding community since 1990 and in the same location since 2003. The current owner has worked very hard over the years to maintain an impeccable reputation & build a loyal repeat customer base. The books are clean & reflect over 200K in annual cashflow. The establishment is clean & a clear presence of ownership pride. This is a solid foundation to acquire & build upon with 5 bays to handle the flow of business.
When looking to purchase an automotive repair business. The most important assets are their reputation & active customer base. After all, repeat business & referrals from happy existing customers are the bread & butter of Cash-Flow. This automotive repair shop has been servicing the surrounding community since 1990 and in the same location since 2003. The current owner has worked very hard over the years to maintain an impeccable reputation & build a loyal repeat customer base. The books are clean & reflect over 200K in annual cashflow. The establishment is clean & a clear presence of ownership pride. This is a solid foundation to acquire & build upon with 5 bays to handle the flow of business.
Detailed Information
- Location:
- North Miami, FL
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 2,700
- Lease Expiration:
- N/A
- Employees:
- 7
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Located on a high traffic visible corner within a densely populated area surrounded by both residential and commercial property. The location is place in an area which supports stability and growth potential.
- Competition:
- There are several alternative options for automotive repair within the immediate vicinity. However, the owner of this opportunity has built a strong repeat customer base over the last twenty-five plus years. When it comes to automotive repairs customer retention and repeat business is the bread and butter of success.
- Growth & Expansion:
- The current owner has not advertised for new business in years. The opportunity to capture new customers and increase repeat business through social media, direct mail, print promotions and other traditional marketing avenues is very good.
- Support & Training:
- Seller will train buyer to operate the business for successful transition. 30 days included in sale.
- Reason for Selling:
- Family circumstance has taken priority & owner wishes to free up time.
