Auto Repair

Business Opportunity for Sale
Catylist Listing ID: 30473902
Property Subtypes: Auto Related
Building Size (RSF): 2,400 SF
Sale Price: $1,650,000
In Opportunity Zone? Yes
Name of Establishment: Discount Muffler & Brakes
Year Business Established: 2005
Gross Revenue: $550,000 (Annual)
Cash Flow: $225,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash @ Closing, Possible terms
Last Updated: 7/16/2021

Overview / Comments

A recession Proof Business!
Harder Times, Make use of auto longer!
Most Visible Corner in all Bay County,100,000 Cars/ Day.
Auto repair, more than 20,000 customers in their data base, completely equipped.
Great Cash flow, Competent Employees, $30,000 Inventory, Good Parking!

Primarily, Repairs: Brake, Mufflers, Shocks.
Cash Flow could be doubled if expanded to include Engine Repair.

Additional Details

Nearest MSA: Bay City
County: Bay
Industry Segment: Other Auto Related
Reason for Selling: Retirement
Value of Inventory Included ($): $30,000
Value of Furniture, Fixtures, and Equipment ($): $50,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $800,000
Real Estate Lease Description: Most Highly Visible Corner in all Bay County, on M-13 @ Midland St. Good Building Layout! 4 Open Bays.
Part of Planned Development?: Yes
Employee/Labor Description: several full time & part time.
Mgmt/Training Support Description: 3 Months Available for Training.
Competition/Market Description: Finest Visibility, N.E. Corner Of Euclid (M-13) @ Midland Rd. Over 100,000 Car/ day in that area. Easy access to I-75, US-10, M-25 On M-13.
Growth/Expansion Opportunities: A Master Mechanic could expand to Engine repair
Seller Financing Description: Possible to Lease the Property & Purchase The Business.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,183 54,799 73,861
Median Age: 38.08 39.95 41.01
Households: 4,339 22,978 31,070

Contact

Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
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