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Huge Price Reduction Auto Repair with Real Estate!

Seller: Attn: Norman MacGillivray
Location: Oakland County
Listing Number: "421soc"

Asking Price: $350000.0000 USD USA Dollars
Industry: Auto & Mech: Retail
Reason for Selling: Other Business Interests
Year Established: 1989
Number of Employees: $3 Full Time
Yearly Revenue: $110000.0000
Yearly Cash Flow: $$27,500
Yearly Net Profit: $$27,500
Yearly Gross Income: $$110,000

Overview:

Seller says, "Reduce the Price-Sell it Now!" Perfect for a person leaving the auto industry and loves to "wrench". This well established Auto Repair Facility has 6 bays and shows very well. It is located on a major N/S artery with lots of street visibility! The property is over 1/2 acre, and has a long term tenant paying $800 a month rent on a month-to-month basis for some of the yard space. Presently it has a well known brand name that the new owner will have to change after 30 days of ownership. The business is presently open 8-6, 6 days a week. You really have to see this place to appreciate it! This sale is confidential as the seller is concerned about his employees, so a confidentiality agreement is required for further information-no exceptions.

Property Features and Assets:

Property is over 1/2 an acre, has 6 Bays,5 lifts, with the garage being over 3,600 square feet. Located on a major North /South Artery, this heavy traffics location is Freeway convenient and easily accessible. This facility is very well equipped, with the Fixtures, Furniture & Equipment worth $65,000 included in this price. The real estate is on the market for $315,000 and is included. The Real Estate is lendable and subject to an appraisal. The seller is only asking $35,000 for the business itself.

Market Competition and Expansion:

No immediate competition for the type of service work performed at this facility. Expansion is possible with a hands on owner and promotion.Presently 100% Help Run

Additional Details: