Auto Repair Shop in Oakland County - Lake Front Property

Oakland County, MI

Seller Financing Available
Auto Repair Shop in Oakland County - Lake Front Property
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Asking Price: $479,900

Cash Flow: N/A

Gross Revenue: $194,352

EBITDA: N/A

FF&E: $50,000

Inventory: $20,000*

Real Estate: $300,000

Established: 1983

*not included in asking price.

Auto Repair Shop in Oakland County - Lake Front Property

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Business Description

This transmission and auto repair shop has been owned and operated by the same person for over 36 years. This business has an established reputation within the community. Known for their dedicated and efficient services. They strive to make all customers feel comfortable and treat them as family.

-Property has a nice location and is lake-front on an all sports lake!

-Business, building and real estate are included in the asking price

-This stand-alone building is on .66 acres

-3 bays including above ground hoists

Detailed Information

Location:
Oakland County, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,710
Employees:
2FT/1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1710 square foot building located on a lake. Parking in front and side of building.
Competition:
The business has successfully operated for over 30 years without any marketing. Solid customer base.
Growth & Expansion:
New owner can boost business with a creative marketing plan.
Financing:
200k down, 7.5 interest amortized over 120 months, $3,322.46 per month
Support & Training:
Owner will train for 14 days at a minimum of 2 hours per day at no additional cost.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Nadir Jiddou

Business Listed By:
Nadir Jiddou

Michigan Business Broker

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