Listing Number: 86715-538330
Description
**Overview:**
This is a rare opportunity to acquire a well-established, 45-year-old auto repair and parts business located in a charming central Alabama town. With no competition within a 30-mile radius, this business has a loyal customer base of both retail and commercial clients.
**Key Highlights:**
**Monopoly Market Position:** Virtually no competition for over 30 miles, ensuring a steady stream of customers.
**Long-Term Success:** Owned and operated by the same individual for 45 years, demonstrating stability and reliability.
**Spacious Facility:** Large premises ideal for stocking auto parts and handling multiple repair orders simultaneously.
**Consistent Growth:** Revenues and profitability have been trending upwards year after year.
**Skilled Workforce:** A dedicated and experienced team is in place to support operations and sales.
**Financials:**
**Included in Sale:** Operating fixed assets, inventory, and accounts receivable.
**Real Estate:** The property is included in the total price, offering a complete package for the buyer.
**Owner Financing:** Significant financing options available at the seller's discretion, subject to final review and approval.
**Ideal Buyer:**
This opportunity is perfect for an owner/operator with experience in the auto repair industry or an active investor looking for a profitable venture.
Listing Details
- Price: $1,950,000
- Down Payment: $1,170,000
- Sellers Discretionary Earnings: $319,661
- Total Sales: $1,747,633
- Location: Alabama
- Inventory: $388,000
- FF&E: $175,000
- Employees: 5
- Year Established: 1960
- Reason for Selling: Retirement
- Category: Automotive
Contact Agent:
- Philip Webb
- Phone: (205) 414-7596
- Email: [email protected]