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Auto Repair Shop with Real Estate since 1992

  • Listing# : 17111
  • Listed Price : $1,195,000
  • Total Sales : $693,762
  • SIC : 7538
  • Down Payment : $119,500
  • Status : Active
  • Discretionary Earnings : $128,955

Business Type :

Automotive / Auto General Repair

Business Description :

Successful auto repair shop located in the Hollywood area, in a residential community and surrounded by commercial businesses.  The business has been established since 1992 and owned by the current owners since 1996.  The business has a strong presence in the community.  The shop has 4 bays and 4 lifts, 2 are in the building and the other 2 are outside.  The business is being sold with the real estate appraised at $820k which is owned by Seller.  The lot is 18,167 sq ft and the building 1,344 sq ft.  Clean books and records.  The business has 2 certified mechanics which perform routine maintenance and basic repairs to the vehicles.  There are 5,000 plus clients in the data base.  Owners looking to retire.  Business does not pay rent, however $55k rent a year was included in the P&L.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $820,000
    • Incl : Yes
    • Inventory $500
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $40,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $860,500
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Automotive