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 :   [email protected]  
USA Home Page :   sunbeltofflorida.com