Price: $1,900,000
Location: Florida
Industry: Auto Repair and Service Shops
Listing ID: 256-21
Listing Status: Under Contract
For sale is a well-established auto mechanic and towing Business in a booming beach community of Florida. This full-service shop with 7 bays and 9 lifts provides bumper-to-bumper car repair on all vehicle types, including specialized imports and trucks over 10,000 pounds. This car repair business prides itself on having the equipment to tackle almost anything. The towing business operates with 6 trucks that run 24 hours a day, 7 days week. Contracts are in place with insurance companies, sheriff departments and commercial businesses.
Location is key! This shop is in a prime location directly off a highway that serves as a commuter route for many residents. FDOT estimates this corridor serves over 40,000 vehicles per day. This auto shop is located in a growing coastal city. Real estate, including the shop, impound yard and ample space to grow, is available for lease.
The revenue stream and operating profit have increased year over year, even during the pandemic! Come live the Florida lifestyle!
Revenue as of 6.30.24: $934,276
Operating Profit as of 6.30.24: $193,618
General Information:
Employees: 13
Facilities: The Seller owns the facility and the land. The shop is extremely efficient with 7 bays and 9 lifts, totaling approximately 6,000 square feet.
Location: Northwest Florida
Market Outlook
Growth and Expansion: The Company could easily grow by adding a salesman and expanding towing contracts.
About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: Retirement from industry
Total Sales: $2,278,336
Cash Flow: $580,019