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Auto Repair Business with REAL ESTATE

Listing Price: $1,499,999

 Listing Type: Auto Repair

Asking Price:  $1,499,999

 

Gross Revenue:  $188,343

FF&E:  $70,000

 

Inventory:  $7,000*
*not included in the asking price

 

Real Estate:  $750,000*
*included in the asking price

 

Established:2010

Business Description

This business has been owner operated since 2010, well known within the local community with over a 4.6 Google Rating! 100% Turn Key with 3,840 square feet as well as 1/2 acre of real estate.

This building consists of six bay doors, and five lifts in addition to a transmission and engine rebuild area.

Specializing in both domestic and exotics brands of autos.


Detailed Information

Location:
Oakland County, MI
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,840
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Stand-alone building offering over 3,800 square feet on around 1/2 acre of land. The completely turnkey operation is to buy today and start repairs tomorrow. This building includes a showroom, shop area as well as a large parking lot.
Competition:
Not a lot of area competition with this as a destination business
Growth & Expansion:
Adding a dealer license would give the ability to buy and sell cars in addition to repairs creating additional income for the new owner.
Financing:
Seller will consider to qualified buyer, minimum down payment of $700K, amortized at 7%
Support & Training:
The Seller will be available for 30 days at a maximum of 6 hours per day at no additional cost to the Buyer.
Reason for Selling:
Retirement
  • Listing ID: 2045
  • Business Type: Auto Repair
  • BizBuySell ID: 2023678
  • County: Oakland
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