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Businesses For Sale   >>   South Carolina Businesses For Sale

Independent High Tech Auto Repair With Real Estate

Location  South Carolina,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $800000
Net Profit / Cash Flow  $160000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1994
Number of Employees  4 - 5
Inventory  300000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Seller will negotiate a transition period
Reason for Sale  New business opportunities

Description  
Well established, profitable shop approved for Michelin, Goodyear or Firestone Dealership. In the Upstate South Carolina Area. Located close to population centers, including Anderson and Greenville, SC. This Entire area is growing and enjoys a robust business/industrial base as well as Clemson University. With scenic gems Lake Hartwell and Lake Keowee, this region attracts weekend visitors along with second-homeowners from Atlanta as well as distant locations to enjoy the recreational opportunities, sports events, etc. Average income ranks in the top 20% of the state. With a 20 year track record offering highly personalized service that appeals to high-end customers, the seller emphasizes high-margin maintenance and repair programs with ASE Certified Techs - this accounts for 65% of sales with tire sales the remaining 35%. The 7,000 sq. ft. facility includes 11 bays (9 lifts) in a prime location on a main highway with excellent visibility. They effectively utilize a wide range of recent-model equipment and all the most advanced technology. Sales volume runs in the $750K-$800K range with Seller's Discretionary Earnings consistently around $150,000. With a gross profit of 44.7% (almost 60% for labor), they compare favorably across the industry. FF&E is established to be $300,000. Sale price of $865,000 includes the Business. and the Real Estate. Limited Seller Financing available to a qualified buyer. Contact Ed Schutzman for additional information on this great opportunity!


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