Auto Repair and Lube Service
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $376373
Net Profit / Cash Flow $68462
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Inventory 2000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Seller will remain for a negotiable length of time
Reason for Sale Health issues
Description Owner operated since 1995 performing only automotive lubes and minor services and repairs. Three years later, moved to present location. Currently performing auto repairs, diagnostics, tires, engine building and repairs, brakes, alignments, transmission services and replacements. A single story building (3960 total sq. ft. building, and 717 sq. ft. canopy) alarmed within city limits and monitored/police patrolled regularly. Wired for cable TV, stereo wired for speakers outside, PA System installed, back windows are barred, separate men's/ladies' restrooms, 5 year old flat reberoid roof, c/h/a in offices and restrooms. Employees, 2 full time, 1 part time. Head mechanic is 'ASE' certified and is capable of running the business when owner is not there. New owner can negotiate with him to remain. Hours, Monday - Friday 8:30am-5:30pm. Seller will remain for a negotiable amount of time to ensure a smooth transition. Health issues. Good amount of competition, but most are higher priced chain stores which is tremendous for our business. Recommend bombarding the market with advertising and discount coupons, building commercial accounts with terms (currently 5 on books), opening on Saturday and Sunday (not many open these days), placing 'display' advertising in local phonebook, expanding advertising in Orlando newspaper, joining Chamber of Commerce for newcomers, and teaming up with the car wash across the street for advertising. Located on major US Highway in Central Florida, 18 miles from Orlando. Nearest airports are Sanford International and Orlando International.
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