Luxury Automotive Repair Business with Real Estate

Luxury Automotive Repair Business with Real Estate.
This is a great opportunity to purchase a turnkey business that has been established for over 11 years with a great local and outside-of-area following. This Profitable Automotive repair business is very unique. They specialize in the repair, maintenance, and diagnostics of high-end European luxury vehicles. The business is well known for its reliability, high-quality service, and strong customer relationships which have been cultivated without any formal advertising or social media, just purely through word-of-mouth referrals. They will only repair Mercedes Benz, BMW, Porsche, Audi, Volvo, Mini Cooper, Volkswagen, and Land Rovers.. They have Factory Certified Mechanics who have gone through specific training for these types of vehicles and have been loyally working here for a long time. They have been specially trained in the repair and maintenance of these luxury vehicles. Business comes from all areas far and wide to this Southeast Shop in Alabama. The building was specifically designed and built for this business and has lots of storage space and plenty of room for repair on multiple vehicles. They are outfitted with 8 Bays and 5 lifts with room to park cars and perform additional work inside. This is a very clean shop, and this detail is very appreciated by the high-end customers. See pictures for more details. Buying this business comes with about an 8,000-customer list. They have worked up to where they do repairs on about 1,000 cars a year. The seller has built up a Tier One Pricing from “World Pac” a supplier where he gets shipments daily with no freight charges and they supply about 80% of his parts and supplies. All employees are paid and registered as 1099 employees, so he saves money by not paying benefits and some taxes. The employees get paid more for this and are responsible for their taxes and insurance. A lot of customers come from other areas like Montgomery, Auburn, Dothan, Northwest Florida, and even Mobile, their reputation brings in the business! Buy this business now because it is a very unique and valued business that is making a strong Profit! Real Estates Value $500,000 - Annual Income $1,000,000 – FF&E $30,000 – Inventory $20,000 – Cash Flow $260,000 – Asking Price $1,099,000 (Includes Real Estate)