Full Service Auto RepairNew Listing
This listing is Very Confidential. Absolutely no information to be given unless the buyer is first qualified financially and otherwise and signs our Confidentiality Agreement.
This is a very well established, full service auto repair center located in a desirable, western Wayne County suburb. It was established in 2000 by the current owner who after nearly 20 years is now ready to sell. Sales are consistently near or over $1 million dollars. Year-to-date 2019 sales through July are up 10% over 2018. Fleet accounts were 12% of 2018 sales. Seller’s discretionary cash flow per 2018 Income Tax Returns was $178,551 to an owner-operator who replaces one of the two managers. Seller is absentee and the business is run by two, full-time general managers who have been with the company for 15+ years plus one salaried mechanic who earns $1,000 per week, 3 other full-time employees. General Managers earn approx. $70,000 each in salary + bonus. One mechanic earns $1,000 per week + 3 shop employees earn $16-$16.50 per hour. Seller currently leases the employees through a leasing company. This business is perfect for an owner-operator and could support two partners. The business is eligible for SBA financing to a qualified purchaser. The building is for sale or lease with the business.
All showings must be scheduled after the business is closed and the employees have left.