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Business for Sale Summary

High Performance Auto Shop - 36543

Business Type: auto/truck mechanical repair,automotive dealers/ auto retail,misc. service/non-classifiable,other personal services,owner financing available,repair services,auto repair
Owner Financing
High Performance Auto Shop
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This business has received 8 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $375,000 Down Payment $250,000
Gross Revenues $1,194,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $125K over 3 yrs. @ 7%.

Business Description

High Performance Auto Shop for sale! For over 20 years, this business has specialized in all aspects of performance modifications and mechanical maintenance on performance cars. They operate out of a spacious 4,000 sf shop with 5 lifts and every piece of high-performance equipment you can think of. Even better, the yard for the shop is huge. It can hold up to 30 cars. The business is fully staffed with 4 full-time and 1 part-time employee. This is in addition to the owner, who is only there a few days each week. In the past year the business grossed approx. $1,194,000.00 with an owner’s cash flow of approx. $150,000.00. A full-time owner can easily increase the bottom line if they were more hand on with the business. We are seeking a serious and financially qualified buyer with at least $320K in liquid capital to cover the purchase price and approx. $70K in inventory. Proof of funds will be required before any buyer-seller calls or meetings will be scheduled. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet and meetings must be scheduled by appointment only!

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.