Auto Repair Shop In St. Louis County

Description

Long-running business for sale in South County, located along a busy road near I-270.

Asking price

• Business asking price: $350,000
• Real estate not included in the business price
• Property available for separate purchase

Seller financing

The seller is highly motivated and is willing to provide up to $150,000 in owner financing for an experienced and qualified buyer.

Final terms, including interest rate, amortization, security and personal guarantee requirements, would need to be negotiated as part of the transaction.

Real estate option

The buyer may continue leasing the property or discuss purchasing the real estate separately.

The seller is also willing to consider applying a portion of rent payments toward a future purchase of the property. Buyers should have any rent-credit arrangement documented clearly in the lease or purchase agreement.

Financing

The listing states that SBA financing may be available to an experienced operator. Any SBA loan remains subject to lender review, borrower qualifications, business performance and final SBA approval.

Location

• South County location
• Busy road frontage
• Near I-270

Due diligence

Buyers should verify historical financials, lease terms, property value, seller-financing terms, equipment and assets included in the $350,000 asking price, and any requirements tied to SBA financing before closing.