Catylist ID: #30782272
Auto Repair Business, Equipment, Building & Property
Undisclosed Address, Michigan
Business Opportunity for Sale
|Catylist Listing ID:||30782272|
|Property Subtypes:||Auto Related|
|Building Size (RSF):||6,000 SF|
|Sale Price:||$400,000 - 700,000|
|Name of Establishment:||Hampton Auto Repair|
|Year Business Established:||2010|
|Gross Revenue:||$1,100,000 (Annual)|
|Cash Flow:||$300,000 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
|Sale Terms:||Purchase Land, Building, Hoists Tools, Equipment: $700,000. Purchase: Hoists, Tools, Equipment: $400,000. Lease Land & Building $6,000/mo. Pluss Inventory: aprox. $25,000|
Overview / Comments
First Class Auto Repair with 8 Employees, 6 Bay Auto repair Building with 6 above Ground Hoist, Most systems are 2 years old. Tool Room full of Tools.
Equipment to Program all Makes & Models. Building & 40 Car Paved Lot are in excellent condition! 2.5 Acres of land, could expand into Storage facility.
Alignment: 4 post Hunter System, 2 years old. New Saylor-Bell Compressor, Coats Tire installer & Balancer. New Parts Washer, 4 fully updated Snap-on Scanners, Snap-on Diagnostic center, Autel scanner, diagnostic tools, TPMS tools, Many specialty tools, 7 Computers throughout the Building. AC Recovery Machines, Coolant flushing, Welder, 2 Battery chargers,3 Battery Jump Packs, Transmission Jacks & Stands. Huge Tool-Boxes for each Bay, all in excellent condition.
See Interior Pictures.
|Industry Segment:||Auto Parts Retail and Distribution|
|Reason for Selling:||New interests.|
|Value of Inventory Included ($):||$25,000|
|Value of Furniture, Fixtures, and Equipment ($):||$350,000|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$600,000|
|Real Estate Lease Description:||Purchase Business Equipment, Tools & Inventory, Lease Building @ $6,000/mo. 3 years with options to extend.|
|Employee/Labor Description:||7 Employees plus owner, Licensed Mechanics & highly Skilled.|
|Mgmt/Training Support Description:||90 Support to Purchaser.|
|Competition/Market Description:||No competition within 1 to 3 Miles.|
|Growth/Expansion Opportunities:||Business Growes every day. Located on M-15, S. E. Enterance to Bay City, Busy corridor. Roof-tops 360.|
|Seller Financing Description:||Prefers Cash out.|
Henry JohnsonHenry Johnson Real Estate & Leasing Company
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