* Included in Asking Price
This auto repair shop provides most auto mechanic services and is run by the owner. Its location is fantastic in south central Las Vegas, and its customer base has been, and is currently, growing from the metro area. This location has 6 bays, consisting of 3 drive-through doubles with 6 doors, and includes 2 lifts. There is approximately 2,700 SF of space in an auto-focused strip center with a lease that runs into April of 2020.
This business has seen significant growth since opening up in this location in 2013. In the last 2 years, the Seller's adjusted cash flow has increased over $117,000! Other than his existing clientele and their referrals, most business growth has come from Repair Pal where they are highly rated; 3 fleet accounts; and insurance company work (they are on a number of preferred lists). This business works on all types of vehicles including cars, trucks, motorcycles and commercial trucks, they don't do any body repair or painting.
The Seller works full-time and is the sole mechanic and is moving out of State with his family. As such, there is a HUGE upside potential to grow this business by adding additional mechanics, and there is plenty of room to do so with 6 bays.
Seller is willing to finance up to 30% of $250,000 seller carry asking price at 8.0% for 48 months. Seller will provide 2 weeks of training at 20 hours per week and an orderly-turnover of the business, and will agree not to compete within 5 miles of this location for a period of 3 years, after the close of escrow.
Interested in learning more? For a complete business summary, including the valuation, please contact Tom Lee at Sunbelt Business Brokers of Las Vegas, 619-301-3667 or email, email@example.com.
|Training/Support:||2 weeks @ 20 hours per week|
|Seller Financing:||Seller Financing|
|Sale Reason:||Moving out of state|
Seller Reference #LASVENV001-N1180
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