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- RE: PRICE REDUCED - Profitable Independent Auto Care
- Contact: Charlie Scarlett
Quick Facts
Asking Price: | $359,999 | |
Annual Revenue: | $510,692 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $143,103 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1970 | |
Employees: | 3 | |
BBN Listing #: | 303563460 | |
Broker Reference #: | 1110202-344896 |
Business Overview:
PRICE REDUCED - EXCELLENT GROWTH OPPORTUNITY. POSSIBLE ABSENTEE OWNERSHIP. 50 year old general auto repair center with average Sellers Discretionary Earnings exceeding $145,000 ($187,000 if real estate is purchased) operating only 4.5 days a week. 2022 car count = 1,504; Average RO = $322.11. 2,190 leasable SF 2-bay Class C building on .35 acres in a convenient commercial West County location appraised at $510,000 in 2020. Expenses include rent of $42,000/yr that would increase the average SDE to $187,000 if real estate was purchased. Real estate asking price = $575,000. Seller willing to stay on for absentee ownership. For more information, contact the listing agent Charlie Scarlett 636-400-5409 cscarlett@tworld.comwith Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about the listing
number (344896)
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr
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Property Features and Assets:
FF&E Overview: Typical auto repair center diagnostic and repair equipment, excluding personal tools and owner PC. FF&E General Condition: Good to excellentMarket Competition and Expansion:
Expansion: Excellent. Currently operating only 4 days a week.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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