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Connecticut Automotive Business For Sale 26217

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Automotive Businesses For Sale
UNION BAY GROUP
3401 Evanston Ave. N. Ste. A
Seattle, WA 98103
UNITED STATES

p.2067831717
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Category: Automotive SIC:
Detail: N/A Price: $297,600
County: Down: $297,600
State/Prov.: CT Adj Net: $96,000
Country: USA Sales: $300,000
Relocatable No Home based No Franchise No Lender pre-qualified No
Hours of operation are: 8:00 to 5:00 Monday through Friday, closed Saturday and Sunday.

The Owner currently works the business by himself. He does mostly exhaust work and restorations. The new Owner could do the same but might want to increase the amount of every day vehicle repair and maintenance that is available. The ProForma is going to suggest just that.

To do this work the new Owner will need a fulltime mechanic to assist doing repairs and a part time office administrator to answer the phone, file, make appointments etc. Total Labor would run +/- $1,326 per week.

The ProForma shows ?Gross? sales for a New Owner is estimated to be +/- $300,000 per year or $12,500 per lift per month (2 lifts). The standard is as high as $20,000 per lift per year for repair bays. The ?Net? at this volume is estimated to be +/- $96,000.

The industrial condominium included in this price is +/- 2,689 s.f. It is the first unit you see when you drive into the complex. It has a 12? overhead door, 14? ceiling and 2 floor mounted 10,000 lb. contact lifts in the shop area. There is a separate office, storage room, bathroom and a foyer in the front. The condo is a corner unit giving it good parking and visibility in the front and on the side. Taxes are +/- $3,795. Sewer assessment of $225 per month and common charges of $278 (will increase this year when a new roof is installed and some paving is done. (Estimated to increase by $150 per month).

See the equipment list for all the equipment and machines that are included in this sale.

Interested buyers MUST sign our Confidentiality Agreement and Questionnaire before any additional information is received. Forms are available at this Listing on our website from the link in front of the pictures, or will be e-Mailed to you upon request. Detailed financial information showing ability to purchase may be required before a meeting or conference call is scheduled.

A/R: Real Estate: $
Inventory: $9,000.00 Other Assets: N/A
FF&E: $32,000.00 Total Assets: N/A
Leasehold: $ Included: N/A

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