37796 – Tire & Auto Repair Shop with Big Property Potential!
AutomotiveFor Sale in FL
Financial & Assets Details
About the Business
Situated in Marion county of Florida, this automotive shop specializes in a wide range of repairs for most makes and models of automobiles and light trucks including various domestic and foreign brands. Boasting great reputation and accreditation, the business is AAA-approved and properly experienced, offering quality services for A/C tune-ups, oil changes, engine diagnostics, and transmissions. Despite the pandemic’s very minor impact showing 2020 Revenues of $685,503 alongside SDE’s of $74,849, projections for 2021’s gross sales to climb back over $700,000 with over $100,000 in profits. The repair shop facility measures 5,400 square feet, complete with seven service bays for operations, plus a tool shed and customer areas with an office. With a prime location, the building features 1,400-sq.ft. of an overhead loft for additional storage and plenty of parking. Available for optional purchase outside of Asking Price or holding a monthly tenancy. The property also comes with a residential rental income if bought, making it a unique opportunity. With no clients making up more than 2% of its annual income, the company enjoys an ideal flexibility for strategy optimizations for further industry growth, such as more fleet work and hiring more full-time workers. Reliable personnel of five nonunion employees are most likely to remain post-sale and continue with involved functions after a seller transition period up to one year under new management roles. Besides maintaining a website, social media engagement, and backed verbal referrals from their large and recurring clientele, marketing potential exists with more aggressive radio adverts.
Growth & Expansion
No individual clients make up more than 2% of its Annual Income!
Negotiable up to 20% for the right buyer.
Property is available for optional purchase outside of Asking Price, comes with residential Rental Income if bought!
Support & Training
One year Owner Transition period under new management roles.
Reason for Selling:
Approaching retirement and/or pursuing other interests.