Absentee - Automotive Service and Repair Shop
East Las Vegas
ABSENTEE RUN automotive service and repair shop that has been in business for over 30 years in East Las Vegas. This shop has been in business since 1985 and the current Seller/Owner purchased it from a family member in 2007. He is also a fireman with the LVFD and has the opportunity to do that now full time. The current owner states that any new owner/operator can almost instantly more than double the net income by replacing the current service writer/manager if he/she chose to do so. The shop has two different suites that make up the 3200 sq. ft. and there is an opportunity to use some of the additional space for retail if you choose. The current owner has not done any marketing or advertising for several years and has operated between $400K and $500K in gross sales each year. The current crew's newest employee has been there for 3 years. The others have all been there over 5 years and over 10 years. The owner states that the area may be old and not the prettiest but almost all the cars in the area need lots of work and this shop has been fixing them and will continue to fix many of them for years to come.

Listing Number:

15241

Category:

Auto

Location:

East Las Vegas

SOLD

Financial Information:

Gross Revenue:

$442,292

Listed Price:

$95,000

Total Adjusted Net Income:

$35,952
Equipment / Fixtures:
$50,000

Year Established:

1985

General Location:

East Las Vegas

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The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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Absentee - Automotive Service and Repair Shop

Location: East Las Vegas

ABSENTEE RUN automotive service and repair shop that has been in business for over 30 years in East Las Vegas. This shop has been in business since 1985 and the current Seller/Owner purchased it from a family member in 2007. He is also a fireman with the LVFD and has the opportunity to do that now full time. The current owner states that any new owner/operator can almost instantly more than double the net income by replacing the current service writer/manager if he/she chose to do so. The shop has two different suites that make up the 3200 sq. ft. and there is an opportunity to use some of the additional space for retail if you choose. The current owner has not done any marketing or advertising for several years and has operated between $400K and $500K in gross sales each year. The current crew's newest employee has been there for 3 years. The others have all been there over 5 years and over 10 years. The owner states that the area may be old and not the prettiest but almost all the cars in the area need lots of work and this shop has been fixing them and will continue to fix many of them for years to come.

Listing Number:

15241

Category:

Auto

Location:

East Las Vegas

Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$442,292

Listed Price:

$75,000

Lease Information:

Square Feet:

3200

Total Rent:

$1,960

Lease Expiration:

7/2017

Lease Options:

1 / 24 months

Asset Information:

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$50,000

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

0

Training Period:

2 weeks

Reason for Selling:

Hired by LVFD full time

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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