Description

Are you looking for an amazing opportunity to purchase an independent auto repair and inspection center with annual sales that have averaged over $672,000 for the past four years? This profitable business generates over $123,300 in cash flow, affording an owner/operator an outstanding salary after debt service. Located on scenic Cape Cod, the Business is well established with over 40 years of goodwill, excellent reputation for customer service and a loyal clientele. The Business comes complete with well maintained equipment for a full service auto repair business, including brakes, lube-oil-filter, engine repair and diagnosis, steering and suspension, starting and charging, heating and cooling, and tires, wheel balancing and alignment. The 4,900 square foot shop has 8 service bays (6 lifts), with room for storage, parking for 40 cars, and a customer waiting area. Technicians with over 60 years of combined experience will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period. The Seller owns the building and will lease it to a Buyer for $3,000 per month. An optional, additional building with 3,200 square feet is available for a Buyer with aspirations to expand the Business by promoting the use of the used car license or diversifying into auto rental or auto body work. The Seller will also consider a sale of the real estate. The Business qualifies for Bank/SBA financing, so it can be purchased by a qualified buyer with a $50,000 down payment. The Seller wishes to retire after four decades of building a successful business. With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the Cape Cod community.

Financial Summary

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