1043-13106 Extremely Profitable Brake & General Auto Repair Busin...

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30116856
Property Subtypes: Auto Related
Building Size (RSF): See Agent
Sale Price: $550,000
Franchised Business: Yes
Year Business Established: 1997
Gross Revenue: $1,023,280 (Annual)
Cash Flow: $238,495 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

Reason for Sale: Career Change. Extremely Profitable Brake & General Auto Repair Business. Established since 1997 servicing the Wellington/Royal Palm/Lake Worth community. Sales $1 million +. Owner benefit $238k+. Experienced manager in place with seasoned mechanics. Seller works 25 hrs/week. Lease extends 2027. 4000 sq ft auto center with 8 bays & 7 lifts. Should qualify for Visa. Lender pre-qualified.

Additional Details

Industry Segment: Auto Body and Repair
Reason for Selling: Career Change.
Value of Inventory Included ($): $10,000
Value of Furniture, Fixtures, and Equipment ($): $60,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 4 FT. Mon-Fri 7:30am-5:30pm; Sat 7:30am-3:30pm.
Mgmt/Training Support Description: Will train for 4 weeks @ no cost.
Seller Financing Description: Lender pre-screened w/ $138k down.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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