Auto Service Business Opportunity

Business Opportunity for Sale
Catylist Listing ID: 30187668
Property Subtypes: Auto Related
Building Size (RSF): 2,320 SF
Sale Price: $129,000
Name of Establishment: LeRoy Auto & Tire Center, LLC
Gross Revenue: $108,000 (Annual)
Cash Flow: $18,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Sale not to include tools and equipment for this price.
Last Updated: 7/11/2018

Overview / Comments

Well established auto and tire center that is turn key ready. If you are looking for a place to own your own business AND live in one of Northern Michigan's great recreational areas, look no further. The purchase includes 3, 10,000 pound hoist, brand new air compressor, wire welder, pipe bender, tire changer, brand new tire balancer, waste oil furnace, and a large variety of specialty tools! Impressive cash flow for a small business, great ROI opportunity. Located 1 1/4 hours north of Grand Rapids, or half way between Big Rapids and Cadillac just off U.S. 131 in downtown Village of Leroy.

Additional Details

County: Osceola
Industry Segment: Auto Body and Repair
Reason for Selling: Seller is retiring and slowing down. Sale not to include tools and equipment for this price.
Value of Inventory Included ($): $10,000
Value of Furniture, Fixtures, and Equipment ($): $60,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $70,000
Mgmt/Training Support Description: Seller will help with transition. 1 full time employee desires to stay on.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,786 3,425
Median Age: 41.14 42.44
Households: 694 1,328
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