Very Profitable Auto Repair And Tire Sales
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $850000
Net Profit / Cash Flow $165000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 1 - 3
Inventory 55000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Retiring
Description This long established auto repair and tire service features 4 bays with lifts including a MA inspection machine bay. Inspection license includes passenger. and commercial truck and trailer up to 26,000 g.v.w.. Tire sales bring repeat customers as well as fleet customers. General repairs add to the profit picture and help bring in more business. This operation is turnkey with three long term and full time employees plus the working owner who focuses on inspections. The facility is 2800 SF and is also available for lease or purchase. The owners have had an environmental inspection of the building and grounds and have corrected any issues. A copy of the report is available. The owner is retiring but will stay on to assist in transition. A professional business valuation has been completed showing a value of $480,000. The owner says sell it at a fair price! A new owner could open on Saturdays and increase profits! This could be and should be SBA financeable with good credit! (only the SBA and a bank can decide for sure). Real Estate is available for purchase at $349,000.
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