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Auto Repair Shop

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$399,900.00

This is a rare opportunity to own a long established independent iconic auto repair business in Macomb County. This turn-key repair facility has served the surrounding communities for over 50 years and is located on a highly traveled road. The business is capable of handling of up to 20 vehicles at a time in its expansive shop floor. Personal care and quality work has produced a steady stream of income ($165,135) and the facility has a great reputation and goodwill. The current operation offers a full range of services thru certified mechanics and includes all of the equipment necessary to run a full service repair shop. The building is offered in addition to the purchase price for $250,000. This business and building is potentially SBA financeable to the right buyer with 20% down or Seller financing is available for the business only. The current owner is ready to retire and is very motivated to move on in his life.

Note: Building Price $250,000.

  • Location : Macomb County
  • Down Payment Option : $100,000
  • Monthly Payment : $2,518.13
  • Financing Interest Rate : 6%
  • Financing Period : 180 months
  • Gross Sales : $933,435
  • Source of Financial Info : 2017 Tax Return
  • Cash Flow : $165,135
  • Total Inventory : $20,000
  • Days Open : Monday-Friday
  • Hours of Operation : 8:00am-6:00pm
  • Parking : ample
  • License Requirement : Auto Repair/Sales
  • Year Established : Undisclosed
  • Year Acquired : Undisclosed
  • Monthly Rent : $4,500 NNN + ($934.00)
  • Real Estate Price : NA
  • Real Estate Purchase Terms : NA
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