Description

This extremely well-located and well-named auto repair business was established in the 1970's. Seller reports business was on auto pilot when he took over, but quickly amped up profit margins. It projects 2016 gross sales at just under $370K with a profit of over $65K (partially owner-operated). Very strong upside, according to the Seller, and includes mobile service. Very clean financials. According to the owner, business has very good employees, with excellent rep for customer satisfaction and high retention. Owner reluctantly needs to sell due to pressing business obligation, 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

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.