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Alvin

  • Listing No.: 219-20896

  • Category: Auto

Asking Price $850,000
Down Payment
Gross Revenue $1,528,102
Total Adjusted Net Income $301,751
Equipment / Fixtures $200,000
Year Established 1970
General Location Alvin
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4,350 sf of auto repair with lots of parking. Owners are planning on moving out of state. The company has been here since the 1970's and over the last 3 years gross revenues have exceeded $1.4 million per year. Business has a diverse client base consisting of commercial and individual accounts. Sellers have owned since 2004. 6 above ground lifts and 10 bay doors make in and out simple and efficient. Business operates only 5 days a week, but could easily be expanded to open on Saturday. Seller own the building but will give a new lease with options to renew. If you enjoy working with autos (not working on them), then this great opportunity may be for you.

Gross Revenue $1,528,102 Listed Price $850,000
Total Income $301,751 Down Payment
Base Rent Square Feet 4350
Total Rent $5,417 Lease Expiration
Rent Deposit Lease Options
Inventory $3,750 Leasehold Improvements $15,000
Equipment / Fixtures $200,000 Other Assets
Full-Time Employees 7 Training Period Three (3) Weeks
Part-Time Employees Special License Required
Contract Staff Reason for Selling Seller's would like to spend more time with their young family and move out of state.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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