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Auto Repair And / Or Com'l Prop On Us 1 In Florida

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1991
Number of Employees  1 - 3
Inventory  73492
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Two Weeks at no cost.
Reason for Sale  Retirement and health issues.

Description  
Asset sale of a profitable business. This auto repair shop has been in the same excellent location for 20 years, on US Hwy 1 in Cocoa, FL. It is a 2-bay, fully-equipped auto repair business and includes the commercial property. The 2 owners wish to retire. Although profitable, owner benefit is down approx 50% since 2009 due to no advertising & limited hours. Normal owner cash flow is approximately $32,000. This presents an excellent opportunity for a younger mechanic(s) looking to own and grow their own business. The potential is there! The property (1,504 s.f. bldg on .38 acres fronting US 1) can be purchased without the business for $245,000 - a real bargain given the location!. It is suitable for other businesses including Quick Lube, Tire Store, miscellaneous retail, Rentals, etc. Total asking price for business & property is $318,492. The value of the auto repair physical assets is $73,492.


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