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

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

Price: $460,000
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
Inventory: $2,000
Reason 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 only responsible for clerical and bookkeeping. 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