Established Lakeshore Auto Repair Business For Sale

Undisclosed Address, Michigan
Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30642292
Property Subtypes: Auto Related
Building Size (RSF): 3,000 SF
Sale Price: $345,000
Year Business Established: 1999
Gross Revenue: $285,000 (Annual)
Cash Flow: $62,500 (Annual)
Last Updated: 9/3/2020

Overview / Comments

Great investment opportunity to own this Lakeshore Auto Repair business. Located on almost 2 acres with room for growth, the 3,000 SF building has been well-maintained and sits on a high-traffic corridor. Business has a history of consistent revenue and a loyal customer base. Price includes real estate, assets and inventory. Retiring owner is available for on-site support for 6-12 months to allow for a successful transition and is willing to hold a meaningful note for a qualified buyer. To learn more about purchasing this proven business with a committed customer base, call Capstone Business Brokerage at 616-847-1031.

Additional Details

Industry Segment: Auto Body and Repair
Reason for Selling: Owner wishes to retire.
Value of Inventory Included ($): $5,000
Value of Furniture, Fixtures, and Equipment ($): $50,000
Value of Real Estate Included ($): $195,000
Employee/Labor Description: Currently employing two full-time and one part-time person.
Mgmt/Training Support Description: Owner is available for on-site support for 6-12 months to allow for a successful transition.
Competition/Market Description: Business has a 20+ year history of quality work and a loyal customer base.
Growth/Expansion Opportunities: Growth opportunities include the ability to add a technician to grow sales as well as increasing advertising and marketing to improve awareness.
Seller Financing Description: Seller is willing to hold a meaningful note for a qualified buyer.

Contact

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