Auto repair business for sale in Panama City Beach, Florida
Auto repair, located in tourist area of Florida, large market, both new and repeat customers.
Type of business: auto repair, car repair, car parts
Turnkey operation, owner managed, full staff will remain. Owner will remain for 30 days to help with training and transition. Great growth, With nearly 13000 permanent residents this area has over 11 million tourists visiting annually! Several opportunities to expand into servicing government entities if you choose to.
Valuation based on steady increases in revenues and cash flows. Pretax business cash flows $165K!
Key financial facts and forecast
Tourism industry is key for this business, we have a lot of repairs for tourists, as well as repeat customers. Great location.
Reason for selling
Retiring, wanting to spend retirement traveling more.
Required buyer qualifications
Prospective buyer should have automotive repair experience, currently all work is provided by laborers, owners are acting in a management role only, however if a new buyer wanted to do repair work, the profits are even more. Currently have all financials done onsite with a hired Accountant to review and do annual taxes. Great business for a family run endeavor.
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Panama City Beach, Florida, US