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BUSINESS FOR SALE - PROFILE #  42480062

Established Auto Repair Center located on main roa
Cuttler Bay - South of Miami

Asking Price: $195,000   Down Payment: $195,000  
Gross Revenue: $446,133   Adj. Cash Flow*: $86,133  
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Executive Summary
Great opportunity to own an absentee owned and well known auto repair shop. Located on major road with high volume of vehicle traffic, the center can service 3 or 4 cars at same time. Used to be a franchise in the past. Main services : -Oil change - batteries -Air-onditionning - Brakes 5 points inspection Business is growing and current owner is not a mechanic.

Acquisition Highlights

  • The business targets used cars and low income customers. Lots of returning customers.
  • Stand alone building with 12 parking spots - three bay repair facility with manager's office, customer waiting area. Strategically located on busy road. A separate Car Wash facility (different owner) next to the building is also attracting the clientele to this store. Opens Monday to Saturday 8am to 6pm 3 years left on the lease + 2 options of 5 years
  • Was a franchise before - Owner didn't renew the franchise agreement as he said he is making more money now and stayed at same location with repaeted customers.
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2013 Inventory: $3,000 Included
Employees: 1 FT, 1 Mgrs Furniture, Fixtures & Equipment: $150,000 Included
Lease/Rent: $5,600 Real Estate:
Building Sq Ft: 1815
    Total Assets Included in Sale: $183,000
 
* 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:  Raquel Afriat
Phone:  (305) 448-5559
Fax:  (305) 675-0136
Other:  (305) 753-4614
E-mail:  raquel@vrmiamicenter.com
VR Business Brokers - Miami/Coral Gables, FL
900 Biscayne Boulevard
Suite 1201
Miami, FL 33132
www.vrmiamicenter.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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