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Listing Number: 2720

Auto/Truck Service Business for Broker in Bucks County, Pennsylvania

Business:Auto/Truck Service Business for Broker
County, State: Bucks County, Pennsylvania
Business Type: Repair Services, Auto/Truck Service

Summary Description

This is a well established, award winning auto and truck mechanical repair operation with numerous commercial clients, including used and new car and truck dealers, car and truck fleets, and garages that outsource some mechanical repairs. Steady commercial and retail repair work makes this a stable business with growth opportunities. It has five extra-large bays with 7 lifts (5 car-9,000 lb, 2 truck-15,000 & 25,000 lb), inventories of auto and truck parts, significant tools and equipment, and ample parking for over 75 vehicles for storage and inventory purposes. The business also leases unused parts of the building to two tennants. The business comes with advanced computer diagnostic equipment and mechanics skilled at repairing engines as well as transmissions. Located near a vocational technical school that graduates mechanics annually. Includes 5 networked computers ($5,000), miscellaneous office furniture and supplies, 5 lifts @ $2,500 ea, 2 truck lifts@ $5,000 ea, miscellaneous equip (brake lathes, balancer, tier machine, handtools, AC recharg/recovery unit, etc.) $52,000, two HD tow trucks (one roll-back), etc.

About the Sale

Asking price: $500,000 (USD)

Financing: $300,000 down and $200,000 @ 6%, 60 Months

Total Revenues: $869,800 (USD)

Cash Flow: $241,830 (USD)

Reason Selling: Owner is retiring

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