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Listing ID: 1275616

Very Special Auto Repair Reputation & Location For Sale

Palm Beach, Florida, United States

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 260,079

Cash Flow: $ 81,000

Business Description

This is a great opportunity for someone who wishes to own a highly respected Auto Repair business in 3,000 sq. ft. of usable space that is located just off I-95 and a Major roadway with heavy traffic all day and all year. This business has built up a clientele of over 1,800 happy customers in 15 years of service to this community. This business is located in a wealthy community near the Beach and thousands of retirees who have 2 or more cars and need trustworthy people to constantly maintain their vehicles. One more special Asset: this town's Zoning will not allow any more new auto repair businesses to enter.

Property Details

Years Established:

12

Property Type:

Lease

FF&E:

$ 28,775

Inventory Value:

$ 9,860

Other Details

Premise Details:

3,000 sq. ft. with high ceilings and you can work on 5 cars at one time! Also includes an A/C customer waiting room with T.V. and a private office. All this for only $10 per sq. ft. low rent. Lifts and all equipment included plus a large list of inventory all goes with the business!

Competition:

There really is no competition for this business as it has a special location and many, many loyal customers who would not go elsewhere.

Expansion Potential:

The potential for growth is fantastic. This is because the location is growing faster than almost all other towns in the State of Florida. The population is wealthy and expects good quality repairs and will spend the money for it.

Operation Details

Employees:

1 FT

Trading Hours:

Monday-Friday 8:30am-5pm

Support & Training:

Will train for 2 weeks @ no cost. There are no special licenses needed for this business.

Miscellaneous

Reason For Selling:

The owner is retiring.