Listing Number: 86715-349700
Description
Under Exclusive LOI
*********SBA Prequalified***************
The company provides complete auto repair and fleet maintenance services for domestic, imports, and large trucks. Company has been in business for over 20 years with the same owner, which for the last 5 years it has been run absentee. The employees of the business are skilled and seasoned, and has resulted in year over year increases in sales and profitability. This is a great opportunity for a buyer to capitalize on further improvement while achieving scale.
The location is in a growing area of North Alabama with great visibility and increased demographic support. The business currently has the capacity to support up to 20 or more vehicles for repairs and maintenance. The building has 14 bays, a large oil pit, and 10 lifts that are in great condition.
The business sits on over 4 acres of land with up to 10,200 sq. ft of building area, which the additional land could be used to increase the building size or an add on for additional capacity. The price includes both the business and its assets along with the real estate, which have appreciated in the last 5 years. See broker for additional details on the opportunity.
Listing Details
- Price: $1,850,000
- Down Payment: $1,850,000
- Sellers Discretionary Earnings: $137,878
- Total Sales: $1,388,888
- Location: Alabama
- Inventory: $12,965
- FF&E: $268,198
- Employees: 9
- Year Established: 2003
- Reason for Selling: Focusing on other Business
- Category: Automotive