Businesses for Sale RETURN

LISTING#: BBF-418100122 Auto / Boat / Truck and Rec Vehicles: General Repair Shops
Automotive|Auto General Repair
LOCATION: Florida --> South Florida --> Martin County - Treasure Coast
ASKING PRICE
$3,660,000
AMOUNT DOWN
$3,660,000
REVENUES:
$6,445,294
ADJUSTED CASH FLOW
$533,266
TOTAL ASSETS
$2,238,000

Busy, popular, profitable, iconic 32-year established, diverse auto plaza including 1.57 prime commercial acres (included in sale) and over 9,000 of buildings, visible from major interstate highway and fronting a busy feeder highway to another major interstate. Combined daily traffic count of nearly 70k. Divisions: Automotive general repair, independent tire dealership, independent quick-lube, independent gas station, C-store and a small used car lot (buyer must get own license). Managers in place, will most likely want to stay. Owner will help transition. Substantial expensive, high-end equip included in sale. Clean environmental survey. Gas station canopy + dedicated/stand-alone high-volume commercial diesel pump. Listed FFE is conservative. All values are estimates including inventory are appx. and not confirmed. AR is not included but negotiable. 2019 financials (updated soon): $6m sales, owner earnings appx. $410k (down from 2018 due to unusual "inverted" gas markets in 2019).  

HIGHLY CONFIDENTIAL - employees and neighbors do not know. Please contact listing broker for all showings. SBA lender pre-qualified for 10% down with qualified buyer.  

 
Contact:  Jeffrey J Manera
Phone: 
E-Mail:  tcbusinessbrokers@gmail.com
TC Business Brokers
614 Greenwood Village Blvd #C
West Melbourne, FL 32904
www.tcbusinessbrokers.com

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