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Business for Sale Summary

Local Auto Parts & Auto Repair Center for sale - 34379

Business Type: auto body/collision repair,auto/truck mechanical repair,misc. retail/non-classifiable,seller financing available,auto repair
Owner Financing
Local Auto Parts & Auto Repair Center for sale
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Financial Information (non-confidential)

General Information
Asking Price $337,000 Down Payment $150,000
Gross Revenues $398,366 Lease Remaining Register Free to View
Owner’s Cash Flow $134,952 Number of FT Employees Register Free to View

Financing

$150,000 Down and Balance at terms TBD

Business Description

Auto repair and parts store and auto repair service center combined. Husband and wife owner / operators seeking to retire ASAP! In business for over 27 years. Proven successful and very stable business over the years. Includes retail store, separate repair shop, tools, inventory and equipment. Located on a huge, 1 acre highway front property. Excellent location in a great destination recreational area! Business booms in the Spring & Summer and gradually tails off over the winter months but still does very well. The owners are not able to put out the efforts they once did to run this business. Numbers shown are from 2021 YE Tax Return. They did $40,000 in gross revenue in September, 2022 without even trying. Parts store is 3500 Square Feet with 1500 sq ft warehouse for inventory storage. The store has a POS system where all transactions are collected. Building is fully insulated and has a bathroom, office and 2 central air units. Repair Shop is adjacent to the Parts store on the property and is 2400 Square Feet, insulated, has 4 service bays with 10 ft tall automatic doors. 1, 12,000 lb 4-post lift & 2, 10,000 lb 2-post lifts, with bathroom and office. Shop and lifts are only 3 years old. Option to lease the property or purchase in a separate transaction for a new owner. Current owners have ramped down in anticipation of retirement so a new owner can scale this business back up to iincrease the numbers shown. For more information please contact the listing broker, Gary Meyn, at 877-735-5224.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.