Auto Repair Shop

Reference Code 0183

This is a great opportunity to own a very successful Auto Repair Shop in Oakland County, MI. Located near major highways and roads, this 8,640 sq ft free-standing, 6 hoist repair shop is surrounded by plenty of residential/commercial properties and auto dealerships in the surrounding area. All equipment is in excellent condition and very well maintained with some equipment newer. Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, expanding on hours, adding fleet/commercial accounts, service used car lots, wheels/tires and adding additional services, you have HUGE potential to the already solid figures. Owner has done very well in the past with even higher sales figures but with his health conditions, no longer is actively involved in the day to day operations. Buyer has the option to either lease or purchase the property. This is a turn-key business that will not disappoint! A must see/must have business that will not last long!

Business Location Oakland County, MI
Gross Sales $351,232 Cash Flow $74,055 Business Price $210,000 Down Payment $100,000 Monthly Payment $1,277.19 Interest Rate / Amortization 7% int., amortized over 120 months License Required Sales, Mechanics Inventory Value $25,000 Employees Full Time 4 Date Established 2001 Hours of Operation M-F 9am-6pm / Sat 9am-3pm Rent $8,000 Gross Lease Period New Lease Required Real Estate $850,000 with $200,000 down, 7% int., amortized over 120 months Reason for Sale Health


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