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#4339
Palm Beach

22 years established Auto Repair business located in Boynton Beach

$99,000
In Contract
22 years established Auto Repair business located in Boynton Beach



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Reason for Sale: Career Change- 22 years established Auto Repair business located in Boynton Beach. Business repairs on all types of vehicles from American, German, Asian & Japanese models. Full service repair shop handling Brakes, Computer diagnostic, steering, oil change, A/C, cooling system and more. 2 experienced techs on staff. 5 bays. Fully equipped. Great books and records. Visa qualified with W2 employees. Owner benefit of $79k. Lease extends to 2020. Video Tour available.

This is a Murphy Business & Financial Services Inc listing.
Broker Russell Cohen DRE License #SL679527

Lease

Region:
Palm Beach
Lease Term:
Month to Month
Total Monthly Rent:
$4,500

Financials

Last Year's Annual Gross:
$428,976
Last Year's Owner's Cash Flow:
$78,960

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
1
Hours Open:
Monday -Friday 8-5
Year Established:
23

Highlights

  • Profitable Independent auto repair biz

Financing

Down Payment:
$25,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 23,950 111,511 223,792
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,173 41,149 86,249
2010 Persons Per Household 2.14 2.26 2.22
Median House Value $139,900 $146,730 $181,549
Income Per Household $48,968 $46,687 $49,090
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,168 2,552 5,731
2012 Number Of Employees 30,832 56,000 113,414
2012 Total Annual Payroll $498,217,000 $938,124,000 $2,008,820,000

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that South Florida Business Broker Russell Cohen ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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