Independent Tire & Auto Repair shop with Real Estate Available

Price: $910,000

Location: Ocala, FL

Industry: Auto Repair and Service Shops

Listing ID: 42360165

Listing Status: Sold

Description

This 6 Bay garage shop has been the area’s go-to destination for new tires and auto repairs for over 25 years. The business enjoys a high visibility, high traffic location fronting one of the area’s major thoroughfares in the thriving community of Ocala, Florida. This is a turnkey opportunity with a full team in place, to provide Tire services as well as a variety of Auto Repairs such as Brakes, Shocks, Oil Change, Batteries and Exhausts etc…
The business is known for its friendly service and competitive pricing and has been able to sustain its activity on Word-of-Mouth referrals and a strong customer base alone, which has minimized the need to advertise. Real Estate may be included in the sale to further increase profitability. A great opportunity which should qualify for an E2 Visa or SBA financing.

LISTING DETAILS

Down Payment: N/A

Total Sales: $2,298,869

Cash Flow: $417,161

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $170,000

FFE Included: Yes

Inventory: $70,000

Inventory Included: Yes

Operation

Year Established: 1992

Days & Hours of Operation: M-F 8:00am to 5:00pm

Owner Hours Per Week: 40

Lender Pre-Qualified: Yes

Non-Owner Payroll: N/A

Employees: 6

Managers: 1

Absentee Owner: No

Lease Option: To be negotiated

Location

Real Estate: $675,000

Real Estate Included: No

Monthly Rent: N/A

Type of Location: Free Standing

Square Footage: 3,560

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Retirement

Training & Support:

Two weeks at no cost