Long Time Family Owned Auto Shop w/ real estate Turnkey REDUCED $100k

Cape Coral, FL
Asking Price:$1,800,000
Gross Revenue:$305,000
Real Estate:$1,700,000
Cash Flow:$305,000
FF&E:$8,300
Established Year:2013
BUSINESS DESCRIPTION

Auto Repair Shop Turnkey w/ Real Estate

For Sale Turnkey Automotive Shop Currently a thriving Family owned and operated Hot Rod shop with a healthy book of business. Centrally located in Mid Cape Coral makes access to the property quick and easy from any of the Cape’s main roads. With a tech in each bay this property has the potential to increase revenue year after year! Specs: Eight (8) 12’3x12 doors, Five (5) bays with lifts, One (1) 10k lbs. 2 post lift, Three(3) 7k lbs. 2 post lifts and One (1) 12k lbs. 4 post. As well as Two (2) flat bays. Two (2) 250-gallon 3 phase compressors, One (1) 15hp single pump and One (1) 15hp duplex. Six (6) retractable 50’ air hose reels with 2” supply line. Eight (8) pallet racks for parts storage 38.6x16.6 Rear storage/work area, hazardous material room with fire door. Fenced Lot with new camera system and ADT alarm system. Two (2) 9k lbs. 2 post lifts, One (1) 7k lbs. 2 post lift and One (1) 22k lbs. 4 post lift installed in fenced area. Office and 2 bathrooms recently renovated. New T.P.O. roof.Plenty of parking.


DETAILED INFORMATION
Location
Cape Coral, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,500
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
15k SF lot, fenced & general parking, 4.500k SF building concrete T.P.O roof, NOT IN A FLOOD ZONE, 8 12’3x12 doors, 5 bays with lifts, 1 10k lbs. 2 post lift, 3 7k lbs. 2 post lifts and 1-12k lbs. 4 post, 2 flat bays. 2 250-gal 3 phase compressors, 1-15hp single pump and 1-15hp duplex. 6 retractable 50’ air hose reels with 2” lines. 8 pallet racks for parts storage 38.6x16.6 Rear storage/work area, hazardous material room with fire door ADT alarm. 2 9k lbs. 2 post lifts, 1 7k lbs. 2 post lift and 1 22k lbs. 4 post lift in fenced area Office + 2 Bathrooms
Competition
This location is used almost exclusively by snowbirds and year round residents. SW Florida auto collectors use this location because of the quality of work for older as well as newer.
Growth & Expansion
It is rare to find a business with such a loyal customer base. 6 months plus booked business. Add mechanics and watch revenue jump. With 6+ months of booked business having only 2 mechanics, adding qualified mechanics would greatly increase cash flow. Building has the additional bays to support several additional mechanics.
Financing
Cash at closing
Support & Training
Negotiable
Reason for Selling
Relocating/retiring north.

BUSINESS LOCATION
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Kevin Cloutier
Kevin Cloutier