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BUSINESS FOR SALE - PROFILE #  05221578

Auto Repair Shop w/ Two Bays
Southern Connecticut

Asking Price: $69,000   Down Payment: $69,000  
Gross Revenue: $190,000   Adj. Cash Flow*: $81,000  
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Executive Summary
Business is an ideal two person auto repair shop. Located in busy area in stand alone building. Rent is $1,300 per month in 1,100 sq.ft and increases to $1,350 per month in 2013 and 2014. Lease expires in 2015. Equipment includes two 10,000 lb. above ground lifts, 1 engine analyzer with four gas emissions, 1 four wheel alignment computer, 2 air conditioning recycling machines R-12 & R-34, 1 brake lathe, 1 clean burn oil furnace, 1 tire machine, 1 dual trace lab scope plus other shop and office equipment. Owner has been in business 20 years. Good opportunity for two mechanics to take possession of a profitable shop.

Acquisition Highlights

  • Financing Information:  Cash at Closing
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1987 Inventory:
Employees: 0 Furniture, Fixtures & Equipment: $60,000 Included
Lease/Rent: $1,300 Real Estate:
Building Sq Ft: 1100
    Total Assets Included in Sale: $60,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Bob Capozzi
Phone:  (203) 878-0554
E-mail:  venture.grp.prtnrs@snet.net
VR Business Brokers - Milford, CT
99 Cherry Street
Milford, CT 06460-3455
The above company and/or agent is a licensed real estate broker/and or a business broker.
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