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BUSINESS FOR SALE - Detail Information
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| Contact Information |
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Stu Curtis
Murphy Brokers
24 W 8th St
Panama City, Florida 32401
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| Office: | 850-747-0662 |
| Fax: | 877-456-6793 |
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| Automotive Repair Shop |
Listing id: 19755 |
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Active |
Florida
Bay County
| Price: $161,000
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| Type: Automotive Related
| Reference #: MB-13401
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| Business Detail Information
| Lease Information
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| Form of Ownership:
| S Corporation
| Leased SqFt:
| 6,000 SqFt
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| Year Established:
| 1990
| Rent (Include NNN):
| $4,500 / Month
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| Accounting Info(years):
| 3
| Lease Exp.Date:
| 01/01/20
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| Franchise:
| No
| Original Lease (# of yrs):
| 30
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| Liquor License:
| No
| Lease Left (# of yrs):
| 15
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| Seating Available(#):
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| Lease Option (# of yrs):
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| Parking Space(#):
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| Lease Renewable:
| Yes
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| Training Available:
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| Lease Transferable:
| Yes
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| Viewing Instruction:
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| Rent Increase:
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| Hours of Operation:
| Mon-Fri 8am-5pm
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| Price Description
| Financial Information
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| Real Estate Included:
| No
| Seller Cash Out:
| Yes
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| Real Estate Value:
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| Seller Term Available:
| Yes
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| Fixture & Eqmt Included:
| Yes
| Financing Amount:
| $100,000
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| Fixture & Equipment Value:
| $60,000
| Financing Years(#):
| 10 yrs
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| Inventory Included:
| Yes
| Annual Interest Rate:
| 8 %
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| Inventory Value:
| $20,000
| Min. Down Requested:
| $61,000
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| Annual Income Information
| Labor Information |
| Gross Sales:
| $400,000
| Full-Time Labor(#):
| 7
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| Cash Flow
| $100,000
| Part-Time Labor(#):
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| Business Description |
| Complete automotive repair shop on heavily traveled road. Lifts, brake, tire equip. Jacks, hoists and laser alignment in five bays. Seller financing. Buyer should be qualified mechanic. Great location on a main four lane east-west street 30,000++ cars per day. Two blocks down from stoplight. New Building. Business rebuilt after fire. Booming market. Lease reduced for first year. Excellent choice.
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