Status: Active
Auto Repair Service Business - Listing #: 56328
*May Qualify For Visa* | |
Category | : | Automotive | SIC | : | 7538 | |
Detail | : | Auto General Repair | Price | : | 600,000 | |
County | : | Lee | Down | : | 600,000 | |
State/Prov | : | Florida | Disc Earn | : | 275,356 | |
Country | : | USA | Sales | : | 943,584 |
Sunbelt Business Brokers is proud to offer this 5-bay Ft. Myers-based auto service and repair company for an asking price of $600,000. The company was built over the years on the know-how of the founders’ years of experience, applying that knowledge to build a solid company with a quality reputation. The seller has set the next owner up for success with established processes and steady sales growth. This service business focuses on expert auto and light truck repair and maintenance. The company has a great reputation as shown in multiple 5-star reviews across sites and has a quality staff in place to handle the day-to-day repairs. For nearly 20 years the company has established a solid reputation for being reliable and trustworthy service and repair business and has acquire a loyal customer base including some small business fleets for recurring revenue. The business generates $275,356 SDE on revenues of $943,584. The existing FFE is detailed in the report below and is estimated at $124,487. There is room for growth and expansion and by adding select equipment the motivated new owner can expect to drive business growth significantly in the first year. |
Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
: | Cash Flow: N Balance Sheet: N |
: | Standard Agreement: N Signature on File: Y |
Reason for Sale | : | Retirement |
General Location | : | Fort Myers |
Organization Type | : | 'LLC' Hours Owner Works: 30 |
: | Years Established : 19 Years Owned: 19 Emp FT: 5 Emp PT: 1 Mgrs: 1 | |
Non Compete | : | Miles: 10 Years: 3 Weeks Training: 2 Cost: $0 |
Operating dys/hrs | : | 8:00AM-4:00PM (Mon.-Fri.) Closed (Sat.-Sun.) |
Skills/Licenses | : | MV Registration via Dept of Ag; Occupational lic. via county |
Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: Y May Qualify For Visa: Y |
Data Source | P/L Statement | P/L Statement | Tax Return | |
Year (Cash Flow) | 2024 (N) | 2023 (N) | 2022 (N) | |
Gross Revenue | 943,584 | 965,266 | 894,366 | |
Cost of Goods | 412,840 | 399,788 | 405,558 | |
Gross Profit | 530,744 | 565,478 | 488,808 | |
Expenses | 380,586 | 419,154 | 465,023 | |
Net | 150,158 | 146,324 | 23,785 | |
Owner Salary | 99,500 | 49,000 | 41,000 | |
Benefits | 25,698 | 19,775 | 20,402 | |
Interest Expense | 0 | 3,637 | 3,639 | |
Depreciation | 0 | 0 | 17,006 | |
Other | 0 | 0 | 0 | |
Discretionary Earnings | 275,356 | 218,736 | 105,832 |
Accounts Rec | 0 | N* | Real Estate | 0 | N* |
Inventory | 3,500 | Y* | ___________ | 0 | N* |
F F & E | 124,000 | Y* | Total Assets | 127,500 | Y* |
Leasehold | 0 | N* | *Included? |
Lease/Month: 3,800 | Square Footage: 3,200 | Building Type: Strip Center |
Terms & Options: New long-term lease avail | Expiration Date: 1/15/2030 |
Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
NAPLES, FLORIDA 34105 | : | [email protected] | ||
USA | Home Page | : | sunbeltofflorida.com |