European Auto Repair Shop

File Number-#625 | Location-Suburban Wayne County, MI| Gross Sales-$236,896 | Cash Flow-$110,713 | Business Price-$349,900 | Down Payment-$175,000 | Monthly Payment-$2,122.02 | Interest Rate/Amortization-8% int., amortized over 120 months, balloon due in 60 months | License Required-Sales, Mechanics | Inventory Value-$10,000 | Employees Full Time-1 Owner | Employees Part Time-1 | Date Established-2017 | Hours of Operation-Mon-Fri 10am-6pm | Rent-$2,500 Gross | Lease Period-New Lease Required | Reason for Sale-Moving Out of State

Business Description: This is a great opportunity to own a very successful, 5-star European Auto Repair Shop in Suburban Wayne County, MI. Located on a heavily traveled road, this 2,500 sq ft free-standing, 3 bay with hoist repair shop is surrounded by plenty of residential/commercial properties along with auto dealerships in the surrounding area. All equipment is in excellent condition, and very well maintained with some newer equipment included in the sale. There is one room that is not being utilized and can easily be expanded into the front showroom. The seller rents an additional lot a block away to store the overflow of vehicles to service. The current owner does no advertising…a new owner/operator along with some creative advertising/marketing, expanding on hours, opening on Saturdays, adding a website, adding fleet/commercial accounts, and a complete retail department to sell accessories, wheels/tires/alignments along with additional services, you have HUGE potential to the already solid figures. The owner has done very well in the past with even higher sales figures but turns away business to keep up with the demand and continue a 5-star status. This shop is a Bosch, Carfax, and Liqui Moly certified garage! This is a turnkey business that will not disappoint! A must-see/must-have business that will not last long! Ideal for an owner/operator or an additional location to an established service center.