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  • Listing No.: 219-20304

  • Category: Auto

Asking Price $450,000
Down Payment $200,000
Gross Revenue $314,875
Total Adjusted Net Income $161,027
Equipment / Fixtures $80,000
Year Established 1990
General Location Willowbrook
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5,000 sf of auto repair and transmission with lots of parking. Owner is planning on retirement. The company has been here since 1990. 5 lifts- 3 above ground, 4 mechanics. At this price, seller says that a buyer would have a great opportunity to increase business which would be explained to a qualified buyer. Seller owns 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 $314,875 Listed Price $450,000
Total Income $161,027 Down Payment $200,000
Base Rent $4,000 Square Feet 5000
Total Rent $4,000 Lease Expiration
Rent Deposit Lease Options 1/10
Inventory $30,000 Leasehold Improvements $5,000
Equipment / Fixtures $80,000 Other Assets Brake, Lathe, Vehicle Lifts
Full-Time Employees 1 Training Period Ten (10) Days
Part-Time Employees Special License Required
Contract Staff 3 Reason for Selling Owner is looking to retire

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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