This auto repair business is extremely well-established, opening in the 1970's. Seller reports that the business was in the red when he took over, but quickly amped up the profit margins. It projects 2016 gross sales at just under $370K with a profit of over $65K owner operated. Very strong upside, according to the seller. The business has very clean financials, is located at an extremely high traffic intersection and also offers a mobile service. According to owner, business has very good employees, with excellent level of customer satisfaction and high retention. Owner is reluctantly forced into selling due to personal reasons, but is open to stay on in management capacity under new buyer.

This is a leased location of 2,800 square feet with a Total Rent of $3,383. Lease ends 3/2019 with options. Seller is active in the business with 2FT and 1PT employees. Hours of operation are 8-5 M-F and 9-4 Sat. $300 in Inventory and $45,000 in FF&E included in Asking Price.

Posted Sep 27, 2016

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