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
Last Updated: 1/8/2022

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.

Additional Details

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.

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031

Contact

Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
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