Primary Category:Auto Repair & Service Shops for Sale
This auto shop has an incredible amount of potential and unused capacity that is poised to vastly increase its earnings with some TLC. Buyer has the opportunity to increase the amount of bays utilizing the included storage building next to it. Seller financing available at low interest rate.
Total asking price includes the property, rollback truck, loaner vehicle, all shop equipment and inventory, and pristine brand recognition within the community. The real estate itself is valued at approximately $400,000.
This is an exceptional opportunity to buy-in low for a large automotive shop at base asset value at a 3.75% interest rate. This type of opportunity is a rarity in today's market.
The financing available is at 3.75% interest. Can't find this in today's market. Significantly decreases monthly debt service.
Reason for Sale
Health reasons
Detailed information
Year Established:1964
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 5
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:20
Inventory Included: Yes
Inventory Value:
$5,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value:
$400,000
Building Size: 11000
FF&E Included?: Yes
FF&E Value: $70,000
Training/Support
Owner willing to stay on and help transition.
Facilities
Three different buildings totaling 11,000 sq. ft. Four bays are in the front building with four in the back. The third building is currently a large warehouse building that has a bay in there for other side projects and a bunch of storage. Owner could convert this.
Market Outlook/Competition
There is a lot of opportunity to take on new business. Currently, the only way to set up an appointment is online. The shop has turned away a lot of business due to the owner's health and has an exceptional reputation in the community. This is probably the most well known shop in the entire county.
Real Estate Description
Three buildings with 11,000 sq. ft. Approximately 1.5 acres. 8 Bays, 1 warehouse.
This business provides general car repair, oil changes, tire balance and rotation, general maintenance. Master Service Technician can do automotive/motor...
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