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Businesses For Sale   >>   Washington Businesses For Sale Categories   >>   

Corvettes & Classic Cars Auto Service & Repair

Location  Washington,United States
Asking Price Range  < $250K
Gross Revenues  $243000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1982
Number of Employees  1 - 3
Inventory  115000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Other Business Interests
Description  This full service auto repair shop has been in business for over 30 years. The current owner has operated it for the past 2.5 years. It specializes in Corvettes and classic cars, but provides parts, service, restoration and transmission services for all American cars and trucks. The business has a loyal base of customers who trust this shop to provide excellent service at a fair price. Other nearby auto related businesses provide excellent synergy as well as referrals. The sales price includes approximately $70,000 in parts inventory, primarily for Corvettes C1-C5. The price also includes $45,000 of FF&E, including 4 lifts. The shop is 4,500 sq. ft. in size, and the rent is $3,500/month. The shop is located at a very busy commercial intersection, near I-405, within one of Seattle's most affluent suburban communities. There is an excellent opportunity to grow this business and earn $100,000+ per year.
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