Automotive Business For Sale in Virginia Beach Virginia

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Foreign & Domestic Automobile Sales And Service!

Location:Virginia Beach, Virginia

Category:Automotive

Asking Price:$745,000

  • Sales revenue : $700,000
  • Net profit : $92,500
  • Furniture/Fixtures value : $45,000
  • Inventory/Stock value : Undisclosed
  • Foreign & Domestic Automobile Sales And Service!

Business description

Foreign & Domestic Automobile Sales and Service! In operation over 30 years, this centrally located repair facility focuses on import vehicles and is supported by a knowledgeable and talented technician base. In addition, the business holds a dealer license and has been doing auto sales coupled with service from its inception. The property has direct exposure on a major thoroughfare with 75 feet frontage. The repair facility on the property houses office space and six repair bays measuring 2650 square feet. The facility has been certified by Bosch following a rigorous certification process, based on technical skill, customer service, facility design, and appearance. And as a Bosch Service Center, the repair operation is able to feature and acquire the best replacement parts from Bosch, the largest original-equipment parts manufacturer in the world. The proud owner of this facility has been in the automobile business his entire life. Looking long term and in planning for retirement the owner has decided to relocate, and thus the desire to sell. To some extent its a little bitter sweet as this operation comprises the majority of his life’s work professionally. However, because of the intricacies of this business model, he is willing to smoothly transition a buyer and provide an ample period of training. In addition, this opportunity has a number of options for purchase. A buyer can purchase the business offered at $295,000, and lease the property for $5,500 per month. The lease agreement can contain the option to purchase or renew, or both. Or a buyer can offer to purchase the property as part of the overall purchase of the business. The property is offered at $450,000. For more information call Frank Chebalo, Advanced Business Brokerage, at * * ***, or email at: [Email Censored]

Other Information

  • Years Established: 1985
Advanced Business Brokerage
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