Listing Number: 30122-921245
Description
Very nice Auto Shop and Quick lube established in 1962, current owner has owned business and property for 37 years. Mid State in Lower Peninsula
Steady Growth
- 2019 GS - $1,275,108
- 2021 GS - $1,427,407
- 2024 GS - $1,616,981
- 2025 GS through August $1,134,135
- SDE 265,000.00
- 6,080 sf main shop with 7 bays
- 2,122 sf Quick Lube Standalone
- 1,200 sf Storage Barn
- 1.9 Acres
Great reputation and client base that is growing rapidly.
Just off expressway and one mile from big box stores on busy road.
Turn Key Operation with a lot of room for growth
This is a confidential listing; location may vary from actual location in listing.
Contact Mike for more information MLimbers@Tworld.com
Listing Details
- Price: $ 1,500,000
- Down Payment: $1,500,000
- Sellers Discretionary Earnings: $ 264,251
- Total Sales: $ 1,616,981
- Location:
- Inventory: $ 25,000
- FF&E: $ 400,000
- Employees: 5
- Year Established: 1962
- Reason for Selling: Retire
- Category: Automotive
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