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Busy Auto Repair Shop In Indian River County For Sale

Indian River County, Florida, US
Asking Price:
$150,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$398,984 (USD)
Cash Flow:
$98,912 (USD)

OMG, what about being the only game in town. Not only the only game in town, but just 3 miles off I 95 and the only repair shop between I-95 and the turnpike, a 22 mile span. Tow companies know where to bring the breakdowns. Huge room for growth, only open Mon-Fri 8-5, can extend hours to 7/24 to accommodate traveling breakdowns. If you are broken down anywhere near and google mechanic, this is the spot. Owner is 40% disabled ready to go out on 100% disability and move. Other mechanic and office person will stay. Lowest rent anywhere. No environmental issues, building isn't pretty, but it is equipped. Owner willing to stay on as employee for extended transition if needed. You get $110,000 in assets plus the earnings. Financial increases of 10-20% year after year. Lender Pre-qualified.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: $9,218
Terms & Options: Negotiable
Expiration Date: 11/15/2021

Location:

Central South Florida / Indian River County

Premises Details:

Building Type: Semi stand alone
Square Footage: 3200 w 2 bays
Leasehold: $20,000

Business Operation

Reasons for selling:

Health Issues

Trading hours:

Monday-Friday 8-5

Employees:
2 PT
Years established:
9

Other Information

Support & training:

Seller will train buyer for two weeks at no cost to buyer

Financing available:

SBA Loan: $120,000
Mos: 120
Rate: 7%
Mo Pmt: $1,393.30

Furniture / Fixtures value:
$88,800 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD) - included in the asking price

Contact Information

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