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Engine Rebuilding Company with Building

Listing Price: $999,999

 Listing Type: Auto Repair & Dealership

  • Asking Price: $999,999
  • Gross Revenue: $194,593
  • FF&E: $499,000
  • Rent: No
  • Established: 1941

Business Description

Well Known Race Car Engine Rebuilding Company

Take over this multi-generational, very well-known race car engine rebuilding company. They were established in 1941 and have been family-owned and operated since. This business includes a 5,000+ sqft building. They are fully outfitted with all the tools and equipment to build engines and complete car repairs. The building has 2 garage doors in front and 1 in the back. Clients from all over the world send engines to this shop to be rebuilt or have an engine hand-built from scratch. The owner has 1 year of work already lined up and is willing to stay on to complete these jobs.

Detailed Information

Real Estate: Yes

Building SF: 5250

Employees: 1FTPT

Facilities: A 5,250 square-foot building with a parking lot on a corner. All equipment and tools are included in the asking price. Over $500,000 in equipment, tools, and supplies are on hand.

Competition: He has a one-of-a-kind business and is very well-known in the race car industry. Clients come to him from all over the world.

Growth & Expansion: Use the existing equipment to do more automobile repairs. Accept walk-ins for car repair.

Seller Financing Available: Yes

Financing: $250,000 Down, Amortized for 60 Months at 7% Interest

Support & Training: The seller will stay on to train and complete current jobs for 32 hours per week for 6 months at no charge to the buyer.

Reason for Selling: Retirement and Relocation

  • Listing ID: 54126
  • BizBuySell ID: 2200027
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