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Prime Auto Repair w/Real Estate

Oakland County, MI, USA
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Businesses For Sale | Auto Repair & Service Shops For Sale

Listing ID : 428948

Posted on March 19, 2024 View Count 645

Price :
$800,000
Business Financials & Assets :
Gross Revenue:
$1,293,285
Cash Flow:
$287,825
Year Established:
1996
Inventory Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Property Details :
Business Details :
Number of Employees:
5
Absentee Owner:
No
Business Can Be Moved:
No
License Included:
Yes
Real Estate:
Available for Purchase
Rent:
$13,000
Type of Lease:
Modified Gross Lease
Building Size:
8,999 Sq. Ft.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Located in South Oakland County, MI, this established auto repair shop boasts top-notch maintenance and repair services. The spacious, newly renovated 9,000 sq. ft building is currently underutilized, offering tremendous potential for growth. The team comprises 3 full-time and 2 part-time experts, including a Master Mechanic and a service advisor. The property spans 1.26 acres, capable of accommodating over 100 cars, and features ceilings over 20 feet high, ideal for servicing large commercial vehicles.

Primarily serving retail customers, the business generated over $1.2 million in revenue in 2023, with a cash flow of $287,826, demonstrating strong earnings and service volume. This success has been achieved with minimal marketing and is attributed to its solid community reputation since 1996.

The current owner is looking to sell in order to focus on other projects. This presents a prime opportunity for someone aiming to expand in the auto repair industry. With its well-established customer base, significant growth potential, and the option to purchase the real estate, this business represents an excellent investment opportunity. Call us today to learn more.

 

Real Estate Available for Purchase

Real Estate Price: $1,400,000

Purchase Terms: Cash – Seller Financing Possible

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