Auto Repair-Partisl

Auto Repair-Partisl

Business Description

This shop is located near downtown Colorado Springs. Their lease is being terminated ad the landlord is planning on a new construction on the property.\\ Total sales are running around $685,000 with a cash flow of over $100K. A business appraiser pegged the business value at $385K but the seller is asking $280K for the business. The husband is a service writer and would move over to the new owner if wanted and the techs would also be interested in moving to the new ownership as well. There is a $150K IDL (sba) assumable loan that can be a part of the purchase price. This must be a quick sale as the lease is over at the end of September.


Detailed Information

Location:Colorado Springs, CO

Inventory:Not included in asking price

Employees:4

Furniture, Fixtures, & Equipment (FF&E):Included in asking price

Facilities:Normal garage equipment. Ask for details.

Financing:Partial owner financing possible to a qualified buyer

Support & Training:30 Days or longer with employment agreement

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