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South Florida

  • Listing Number: 126-20351

  • Category: Auto

Asking Price $350,000
Down Payment
Gross Revenue $400,000
Total Adjusted Net Income $210,000
Equipment / Fixtures $60,000
Year Established 2002
General Location South Florida
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Very Profitable Auto Repair and Car Sales!

This three business all-in-one shop located in the same location for 22 years offers auto repair, tire and used car sales. This very profitable 4 bay shop was originally listed at $420,000. Now reduced to $350,000. The shop comes with five regular lifts, balance and alignment racks, air compressor, two diagnostic scans nearly 12 refurbished cars. Located in a large industrial Park the owner of the business wants to retire and enjoy his accumulated wealth. Owner has trained his 4 four highly experienced employees in diagnostic and car repair mechanics and additionally provides service for air-conditioning, computer repair, transmission, and some bodywork. This shop makes over 100 plus auto repairs, in addition to selling over 7 cars per month. A Buyer can increase revenue if he will offer financing, and do internet advertising.  This landmark location primarily serves Margate, Coconut Creek, and Coral Springs Florida. If you are a qualified buyer and want to buy a book of money-making business, don’t miss this chance! Contact Cece Darden at 954-990-9243 or email Cecelia@FCBB.com for more information and NDA.

Gross Revenue $400,000 Listed Price $350,000
Total Income $210,000 Down Payment
Base Rent Square Feet 4000
Total Rent $46,457 Lease Expiration 09/2023
Rent Deposit Lease Options
Inventory $32,000 Leasehold Improvements $0
Equipment / Fixtures $60,000 Other Assets Over a dozen used car inventory comes with the business!
Full-Time Employees 4 Training Period 2 Weeks
Part-Time Employees Special License Required Used Car Dealer License
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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