Auto Repair Shop Business In Douglasville, GA For Sale

Description

Seller visits the store only 3 days per week. Seller's take home in a slow month of January was still 10,000 dollars after payroll, rent, and all expenses.Sales are 600,000 dollars. Yearly net profit is over 135,000 dollars after paying 180,000 dollars in employee payroll as well as rent and all other expenses. Seller only runs the back office and does zero mechanic work. An active owner operator could reduce payroll and take home more than 220,000 dollars per year.Rent is 4,500 dollars NNN plus CAM. Lease term ends May 31, 2029 with one 5 year renewal option.Well established franchise operation with full staff and equipment in place. Franchise transfer fee is 10,000 dollars. Shop is closed on Sundays. Equipment value is 70,000 dollars.Average traffic count of 28,100 vehicles daily. Population within 5 miles is increasing 5 percent per year. Located in Metro Atlanta, 30 minutes from Carrollton and 40 minutes from Marietta.Asking price for business only reduced to 349,000 dollars plus inventory estimated at 10,000 dollars.