Dual-Location Tire, Auto Body and Repair Powerhouse! (37773A)
AutomotiveFor Sale in FL
Financial & Assets Details
About the Business
From Northern Florida, this retail operation specializes in Tire Sales (60%) for over five quality brand names, as well as Mechanical Repair, Maintenance (35%) and Auto Body (5%) for cars, RVs/SUVs, and light, medium or heavy-duty trucks. With a strong reputation bringing in a third generation, this multi-licensed company services Local Communities (70%), Businesses (20%), and Government Entities (10%), offering a wide range of automotive care and equipment repairs to most types of commercial machinery. There are two locations totaling almost 27,000 square feet of operation. Within the same city, both shops are in great condition and feature ample parking lots. Situated along a heavy-trafficking highway, one property includes a 1,600 sq. ft. office building and a 9,000 sq. ft. facility used for servicing/warehousing, a long term third-party lease is available. The second facility is included in the asking price. Measuring 16,000 sq. ft., there’s a 14,500 SF repair shop and 1,500 administrative space. There’s also an attached paint & body shop extension of 6,000 sq. ft. Benefited with vast industry experience, a collection of 31 reliable nonunion employees agree to remain post-sale and continue their streamlined procedures as sellers stay during a pre-negotiated transition period under management roles. Besides maintaining a website and Facebook engagements as self-promotion, many potentials for digital or print marketing exist, as current efforts center on strong reputations and backing referrals from a large and recurring customer base. While Listing comes with total Payables of $33,284, projections for 2022 grosses reach up to $5.5 Million, as Revenues for 2021 summed $5,314,000 alongside Discretionary Earnings of $609,000 and Adjusted EBITDA of $490,350. Based on an independent evaluation!
Negotiable up to 20% for the right buyer.
Listing Includes Payables of $33,284.
Property of 16,000-sq.ft. is included within the Asking Price! Second Facility of 10,600-sq.ft. is Leased Long Term.
Support & Training
Pre-Negotiated Owner Transition period under management roles.
Reason for Selling:
Approaching retirement and/or pursuing other interests.
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