Opportunities in Auto/Tire Repair Shop with Property! (37757)
AutomotiveFor Sale in FL
Financial & Assets Details
About the Business
Situated in Central Florida listing, specializes in tire sales, automotive repair, parts installation, preventative care, and quality maintenance services for all types of cars, light trucks, SUV’s, vans and more. Open since 1987, the company keeps long-term relationships with suppliers like Firestone, Michelin, Goodyear, and fulfills needs from oil changes and brake adjustments to A/C work and wheel alignments. As potentials are presented by increasing muffler and diagnostic techs, their personnel of ten nonunion employees are most likely to remain post-sale and make business ready for a smooth six month owner transitioning. Holding a strong reputation as family-owned, listing is a financial opportunity for strategic buyers seeking to invest in optimizations for new operations and plans of continued growth. Projecting 2022 grosses of $1.6 Million and profits well over $200K thanks to positive local reviews, Total Revenues for 2021 reached up to $1,470,393 alongside Seller Discretionary Earnings of $202,077 and a 5 year average of $211,000. Keeping a monthly tenancy, the 4,000 square foot shop features 3,370-sq.ft. of retail, warehouse, and production space, as well as 630-sq.ft. for administration. Full property is available within the asking price or can be sold individually, being pre-zoned for expanded capacity options by adding three stalls. Facility is and found in excellent condition within a high-trafficking region, with added rental income also possible, via a 696-sq.ft. home with 2bed/1bath siting over the 7,088-sq.ft. total lot. Besides the use of social media and Yelp, creating a website would help marketing strategies, as current efforts rely on verbal referral sources backed by a large and recurring customer base throughout Orlando.
Negotiable up to 20% for the right buyer.
Property is also available for sale individually of business or alongside for $1,700,000 total.
Support & Training
Smooth 6 month Owner Transition period.
Reason for Selling:
Approaching retirement and/or pursuing other interests.