* Included in Asking Price
Business Price: $1,150,000
Real Estate: $1,200,000
2020 Revenue: $1,368,143
2020 Operating Profit: $475,025
Revenue as of 6.30.2021: $781,933
Operating Profit as of 6.30.2021: $249,206
Strong performance through COVID; Aggressively priced at less than 2.5x cash
For sale is a well-established auto mechanic and towing Business in a booming beach community of Florida. This full-service shop with 7 bays and 9 lifts provides bumper-to-bumper car repair on all vehicle types, including specialized imports and trucks over 10,000 pounds. This car repair business prides itself in having the equipment to tackle almost anything. The towing business operates with 6 trucks that run 24 hours a day, 7 days week. Contracts are in place with insurance companies, sheriff departments and commercial businesses.
Location is key! This shop is in a prime location directly off of a highway that serves as a commuter route for many residents. FDOT estimates this corridor serves over 40,000 vehicles per day. This auto shop is located in a growing coastal city. Real estate, including the shop, impound yard and ample space to grow, is available for lease or sale. The real estate represents a very good investment on its own given its amazing location. Seller financing is available and business has been lender qualified.
The revenue stream and operating profit have increased year over year, even during the pandemic! Come live the Florida lifestyle!
|Facilities:||The Seller owns the facility and the land. The shop is extremely efficient with 7 bays and 9 lifts, totaling approximately 6,000 square feet.|
|Growth Potential:||The Company could easily grow by extending the operating hours, adding a salesman and expanding towing contracts.|
|Training/Support:||Will be provided by the seller.|
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