Description of the business for sale
Great location for this busy and profitable auto repair center. Also has 2 rental units that generate a monthly rental income of $8,000. Good cash flow. Low overhead and high margins. Property is valued at $1.5 million which is included in the purchase price.
COMPETITION: Well established in area.
ADDITIONAL FINANCIAL INFORMATION:
• Financing: Seller will help in the financing of the purchase to qualified buyer.
• FF&E: $150,000.
• Real Estate: $1,500,000.
REASONS FOR SELLING: Retiring.
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Support / Training provided by seller
Seller will help during transition period.
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Description of the facilities
9,000 square foot building that houses the auto repair business along with a machine shop and Church. The rentals throw off a monthly rental income of $8,000. Plenty of parking available.
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