This full service garage located in Orange County Florida was opened on 8-4-14 and had sales of $ 196,000 in the first 3 months of business. The seller opened the business to sell it. The business employs 4 full time and 2 part time employees. The purchase price includes $15,000 of equipment and $ 3,000 of inventory. The purchase price is $ 150,000 in cash at closing and an Earn out based on the first years sales of the new owner. The earn out will be 18% of sales over $ 420,000 with a maximum amount of $ 150,000. The amount due will be converted to a 5 year note with interest of 7%. Payments will begin in the second year the buyer is in business.