Well Located Auto Repair Shop, with Real Estate Available
Financial Information
- Asking Price: $250,000
- Gross Revenue: $552,819
- Cash Flow: $97,515
- Down Payment: ON REQUEST
- FF&E (Not Included): ON REQUEST
- Inventory: $3,000
- Financing: No
Business Location
- Jefferson
- Birmingham
- Alabama
Business started in owner's garage in 1982. Expanded in 1988 to a 3750 sq. ft. building with 5 bays. A new 4200 sq. ft. all metal building was erected in 2003 with 3-18 ft. overhead doors and 5 lifts. A nice office and rest room facility is included inside the building. The shop is located on a very heavy traveled US highway right off of an interstate highway. The real estate is available for an additional $450,000.
Competition Description
None in the immediate area
Growth / Expansion overview
Great opportunity to grow and expand the business. Additional signage along the adjacent interstate and US highway will bring in additional repair business. Surrounding businesses and residential neighbors bring their vehicles to shop for repairs.
Support / Training Comments
Owner will be available for a short time to train the new owner in the day to day operations.
Reason For Sale
Retirement- Home Based: No
- Year Established: 1982
- Franchise: No
- Year Acquired: 1982
- Willing to Train: Yes
- Relocatable: No
- Required Licences: Business License
- Is Property Leased: No
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $450,000
- Real Estate Asking: $450,000
- Days Open: Monday-Friday
- Hours Open: 8:00am to 5:00 pm
- Fulltime Employees: 3
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 4,200 sq ft
- Parking: Good
- Monthly Rent: $3,000