Business For Sale Listing 139279
Auto Repair-Outstanding Location
Status as of Sep-6-2008 at 06:01 PM: Off The Market
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Business Summary
Asking: $150,000
Gross: $201,000
Cash Flow: $68,000
Furniture, Fixtures & Equipment: $20,000
Summary Description
This is an excellent starter business for an entrepreneurial mechanic. The location alone provides a huge advantage over other shops within the area, as it has high traffic and easy access. Two experienced mechanics are in place. The equipment is all that's really needed for a general repair and inspection shop.
General Information
Facilities: 3-bay garage with office, waiting room, storage area, workshop, and parking for 15 to 20 cars. Lease is 2900 per month including taxes and insurance.
Competition: This shop has an outstanding location on a busy street corner in a vibrant area of Raleigh.
Growth and Expansion: Currently there are two full-time mechanics. A third would add instant capacity. The shop does little or no advertising or promotion.
Support/Training: Two weeks
Reason Selling: Owners have a larger business opportunity and need cash to fund it.
Year Established: 1965
Employees: 2
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