Description
PRICE REDUCED - EXCELLENT GROWTH OPPORTUNITY. POSSIBLE ABSENTEE OWNERSHIP. 50 year old general auto repair center with average Sellers Discretionary Earnings exceeding $145,000 ($187,000 if real estate is purchased) operating only 4.5 days a week. 2022 car count = 1,504; Average RO = $322.11. 2,190 leasable SF 2-bay Class C building on .35 acres in a convenient commercial West County location appraised at $510,000 in 2020. Expenses include rent of $42,000/yr that would increase the average SDE to $187,000 if real estate was purchased. Real estate asking price = $575,000. Seller willing to stay on for absentee ownership. For more information, contact the listing agent Charlie Scarlett 636-400-5409 cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about the listing number (344896) Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr
Listing Details
- Listing Number: 1110202-344896
- Location: St. Louis County, Missouri
- Price: 359,999.00
- Down Payment: 72,000.00
- Sellers Discretionary Earnings: 143,103.00
- Category: Automotive
- Inventory: 10,000.00
- FF&E: 100,000.00
- Employees: 3
- Years Owned: 18
- Reason for Selling: Retirement
Business Listed By:
- Charlie Scarlett
- Phone: (636) 400-5409
- Email: cscarlett@tworld.com