- Advert ID: 572697
- (Seller ref: 1402)
Easy to Run Auto Business with Wknds Off For Sale
- Location:
-
- United States
- > North East
- > Pennsylvania
- > Philadelphia
- > Philadelphia
- Category:
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Summary
- Asking price:
- $260,000
- Sales revenue:
- $412,000
- Net profit:
- $129,800
- Years established:
- 1983
- Employees:
- 2
Franchise terms
The seller is willing to hold a note for a qualified buyer.
Business description
A well established automotive repair business with a strong, loyal customer base has come on the market. You do not need to be a mechanic to run this business, no experience necessary. The business is only open 43 hours a week. The business has operated continuously for over 20 years and has no weekend hours. A new owner would need $78,000 for a down payment and would make $84,000 the first year after debt service, thereby recovering their down payment in 11 months. The owner is willing to hold a note for up to five years for a qualified buyer.
Property information
- Real Estate:
- Lease
Other information
- Reasons for selling:
- After longtime ownership, the seller would like to pursue other interests.
- Financing available:
- The seller is willing to hold a note for a qualified buyer.
Contact the seller
need to search again?
- United States
- > North East
- > Pennsylvania
- > Philadelphia
- > Philadelphia
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