Price: $910,000
Location: Ocala, FL
Industry: Auto Repair and Service Shops
Listing ID: 42360165
Listing Status: Sold
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.
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
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
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
Reason For Sale: Retirement
Training & Support: Two weeks at no cost