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Businesses For Sale   >>   Utah Businesses For Sale

Auto Repair Shop With Real Estate

Location  Utah,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $263564
Net Profit / Cash Flow  $103327
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1991
Number of Employees  1 - 3
Inventory  644000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Price includes 40 hours training and 5 Years non-compete in the area of West Jordan neg carb. Seller is willing to stay on part time and do the carburetor work or any combination that would work best.
Reason for Sale  Retiring.

Description  
Mechanics Dream ..:) Large auto repair shop with 6 double bays, 4 lifts, sitting on .56 acres. Real Estate Included. Would also be ideal to include tires. Possible bank financing with only 5% down & 10% seller note subordinate to bank. The owner, being a mechanic himself, design the building so that a mechanic would have enough space and be comfortable working. There are two full-time mechanics with years of experience and the owner doing the general repairs, emission, inspection, transmissions , auto maintenance and carburetors. Owner is now thinking it is the time to add tires because of customer requests and the increase of traffic flow. Facilities: Building is 3560 Sq Ft. There are 6 double bays, 4 of which have lifts and room for another auto behind. REAL ESTATE is included in asking price. Plus close to a high school. Other assets are $10,000 in hard-to-find carburetors. Area traffic has picked up due to new home development and new Trax station nearby within walking distance. Financing: $701,100 down. $77,900 carried at 7% for 60 months. Asking Price: $779,000


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