Auto Repair: Real Estate and Business for sale in Louisville, KY

Auto Repair: Real Estate and Business for sale in Louisville, KY

Price: $549,000

Location: Louisville, Kentucky East End

Industry: Automotive Repair

Listing ID: 6498472

Auto Repair is still an essential business in Kentucky! While many business are struggling to keep above water, it's business as usual for this repair center. Well- established with over 35 years of history. Excellent reputation! Highly rated by customers and A++ rated by Better Business Bureau. The Shop services a mix of public, commercial, and fleet accounts. Staffed with loyal employees, including a Shop Manager, outside Sales-Rep, and 3 Mechanics. The Business Owner is semi-retired, not a working mechanic. Highly desirable Real Estate is included in the Asking Price. The location alone makes this business worth a look.

Total Sales: $585,860

Cash Flow: $74,138

EBIT: $1,378

FFE Included: yes

FFE: $50,000

Reaseon For Sale:

Owner Retiring after over 35-Years

Training & Support:

Owner will train and assist buyer for a minimum of 2 weeks. Business owner is responsible for clerical and bookkeeping, but otherwise, The business is fully staffed with talented mechanics, sale rep, and Shop Manager.

Year Established: 1986

Days & Hours of Operation: Monday to Friday 7:30 am to 5:00 pm

Owner Hours Per Week: Monday to Friday 7:30 am to 5:00 pm

Non-Owner Payroll: 234627

Employees: 5

Managers: 1

Type of Location: C-2

Square Footage: +/- 4,400

Facilities Information:

Very desirable real estate! Well over 0.5 acre lot on one of Louisville's most highly trafficked thoroughfares. Located in Louisville's East End at the center of revitalized shopping districts. Plenty of parking and lot space. Shop has a steel frame building with approximately 4,400 sq.ft. Very neat work space appealing road frontage.

Historical Summary:

One owner business with loyal employees. This business is poised to transition very smoothly.

Otis Florence Florence

Phone: 502-425-0995 ext 202
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Otis Florence Florence