Established and Reputable Automotive Repair Shop
Business Price: $260,000
Real Estate: $800,000
2018 Revenue: $1,143,783
2018 Operating Profit: $120,442
June 30, 2019 Revenue: $619,416
June 30, 2019 Operating Profit: $144,986
Summary Description
For sale is a well-established auto repair and service shop in Florida. This well-known and respected shop focuses on reliable and extensive customer service. The Company services all vehicle types.
The revenue is up by 8%, and the cost of goods sold is down by 8.5% for the first six months of 2019 compared to the first six months of 2018. Estimated operating profit for 2019 is expected to reach $289,972.
General Information
Employees: Owner/operator and well-organized and trained staff.
Facilities: The Seller owns the facility (totaling approximately 15,000 square feet) and the land.
Location: Florida
Further information
Market Outlook
Growth and Expansion: The Company is currently underutilizing its building space and available capacity. Additional staff to enable a higher quantity of vehicles serviced and adding extra hours and fleet services will help to increase profits.
About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: Retirement
For further information, a CONFIDENTIALITY DISCLOSURE AGREEMENT is required. Please contact us for an agreement at info@gibsonandassociatesinc.com or 850-432-0808.