Established and Reputable Automotive Repair Shop

Under Negotiation 1,060,000 Service

Business Price:        $260,000
Real Estate:               $800,000

2018 Revenue: $1,143,783

2018 Operating Profit: $120,442

June 30, 2019 Revenue:  $619,416

June 30, 2019 Operating Profit: $144,986

Summary Description

For sale is a well-established auto repair and service shop in Florida. This well-known and respected shop focuses on reliable and extensive customer service. The Company services all vehicle types.

The revenue is up by 8%, and the cost of goods sold is down by 8.5% for the first six months of 2019 compared to the first six months of 2018.  Estimated operating profit for 2019 is expected to reach $289,972.

General Information

Employees: Owner/operator and well-organized and trained staff.

Facilities: The Seller owns the facility (totaling approximately 15,000 square feet) and the land.

Location: Florida

Further information

Market Outlook
Growth and Expansion: The Company is currently underutilizing its building space and available capacity. Additional staff to enable a higher quantity of vehicles serviced and adding extra hours and fleet services will help to increase profits.

About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: Retirement

For further information, a CONFIDENTIALITY DISCLOSURE AGREEMENT is required. Please contact us for an agreement at info@gibsonandassociatesinc.com or 850-432-0808.