Established Auto Business Including R/E

Business Overview:

Reduced - Sellers Motivated
The current value of this opportunity is more of a real estate play. While the business is cash flow positive, current owners are winding down, not pushing for new business and growth, and are looking to retire. The property is in a great location, has room (and owner had originally planned) for additional buildings that an auto business could expand services to such as paint, upholstery, and other similar concentrations, for a complete auto repair delivery park. Of course, a new owner could choose to build out whatever may meet their growth initiatives regardless of industry.

Reasonable offers will be considered on this business and commercial real estate opportunity. There is also potential for purchasing the real estate only, with additional development expansion in mind, alongside the existing purpose-built auto repair space.

Currently, this business has 100% focus on classic muscle cars. This is very niche, and while offering a great opportunity to continue the business’s legacy, this is likely better suited to focus on traditional auto services.

Business sale price: $325,000
Real estate: $1,500,000
Total acquisition cost: $1,825,000

Buyer should have adequate liquidity to support the purchase-2024 cash flow will not support debt carry for the entire project. Cash buyers are expected, or those with adequate connections to alternative lending. SBA expansion loan would also be a great option for existing operators experienced in the industry.

If buyer chooses to change focus of the business away from classic muscle cars, the price without names, website, etc, can be further negotiated. All other FFE and fixed equipment conducive to support an auto business would be left onsite. The seller is ready to retire and travel the country!

If desired, the business can be acquired as is. Known for its excellent reputation, fair dealings, and high-quality work, this business is ideal for a new owner who wants to be hands-on in the shop, learn from the seller during an extended transition, and continue growing the business. It’s a perfect passion project for someone looking to leave the corporate grind and immerse themselves in creating automotive masterpieces while enjoying a profitable hobby with even more potential provided some advertising and targeting marketing.

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Property Features and Assets:

Monthly Rent: $6,950.00

Square Units (Foot, Meter): 6,000

Terms Options: Arms length lease between related parties

Facilities: Purpose built facility on 5 acres

Market Competition and Expansion:

Expansion:

o Direct product sales through website.
o Used part sales (seller has a built up an inventory it has never taken the time to market).
o Addition of a paint and upholstery shop.
o Further expansion into new garages, addition of personnel and strategic growth. There is plenty of opportunity for increased production with a new owner who wants to do the work to grow.

Reason for Selling:

Additional Details:

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