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Auto Repair Shop for Sale Florida

7_bay_auto_repair_shop_for_sale_floridaBusy Auto Repair Shop with 7 Bays

Lantana, FL (Palm Beach County)

Auto repair shop in a stand-alone building with 7 bays and 6 lifts. They do general auto maintenance, body work, tires, and oil changes. They will have over 1500 customers this year, which has been increasing over the past 3 years. The owner is not a mechanic and wants to focus on his car sales business. The location is large with lots of room to add a detailing station or to create a quick oil change station. Established in 2006. Asking price is only $150,000 with gross income of more than double the asking price. Contact Florida Business Brokers for more information on this auto repair shop for sale in Lantana Florida.

Facilities:Auto repair shop in a stand-alone building with 7 bays and 6 lifts. The location is large with lots of room to add a detailing station or to create a quick oil change station. The location is on Dixie Highway with plenty of room to add spectacular road signage. The lease is very low at $3,500/Mo and they are offsetting it by another $1,000/Mo by renting one bay to a window tint business. The main office is large and has some space that is not being used but would work great for retailing or storing parts.

Competition:They do general auto maintenance, body work, tires, and oil changes. They will have over 1500 customers this year, which has been increasing over the past 3 years. Business has been on the increase even without advertising. The shop has a good name and a solid client base. The business generates some cash, the amount would need to be discussed with the seller.

Growth & Expansion:They do general auto maintenance, body work, tires, and oil changes, but the main focus has been tires and A/C service for drive by customers. With advertising and expansion this can be changed to add oil changes and detailing. The lease is very low at $3,500/Mo and they are offsetting it by another $1,000/Mo by renting one bay to a window tint business. Their client base has been increasing as the yearly sales summary report attached below shows. They had almost 1500 clients last year and are on track to increase that this year. Most of the clients are drive-by or word of mouth. They don’t maintain any commercial contracts.

Support & Training:As necessary.

Reason for Selling:Owner is not a mechanic and wants to focus his time on car dealership.