Auto Repair Shop

Reference Code 0162

This is a great opportunity to own a very successful Auto Repair Shop in Oakland County, MI. Located on a very busy road, this free-standing 5 bay, 4 hoist repair shop is surrounded by plenty of residential and commercial properties in the surrounding area. All equipment is in excellent condition and very well maintained. Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, expanding on hours, adding fleet and commercial accounts, service used car lots and adding additional services, you have HUGE potential to the already solid figures. Owner has done very well with the business and is ready to retire and pass on this successful repair shop to a new owner. 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 $452,626 Cash Flow $167,912 Business Price $249,900 Down Payment $125,000 Monthly Payment $2,532.52 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, Mechanics Inventory Value $10,000 Employees Full Time 2 Date Established 1993 Hours of Operation M-Fri 8am-6pm / Sat 8am-1pm Rent $2,700 Gross Lease Period New Lease Required Real Estate $400,000 with $150,000 down, 8% int., amortized over 120 months, balloon due in 60 months Reason for Sale Retire


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