Established Auto Repair Business | Absentee-Owned - Business for Sale
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Absentee-Owned Auto Repair Shop in Las Vegas, NV
Las Vegas, NV, US
Added 2 days ago
Automotive Repair and Services
28 years in business
Absentee / Semi-Absentee
Automotive repair business in Las Vegas, NV with 28 years of history, absentee ownership, and services for domestic, import, and Japanese vehicles, including additional rental income from a separately leased tire shop space.
Key Information
Asking
$650K
Revenue
$788K
Earnings
$216K
Multiple
3.0x
Key Highlights
- Business has 28 years of operating history.
- Annual gross sales are approximately $787,592.73.
- Net income is $216,455 per year.
- Absentee-owned with 3 full-time employees.
- Includes $10,000 in inventory and $150,000 in FF&E.
- Leasehold improvements total $80,000.
- Business operates in a 2,100 sq ft leased location with monthly rent of $6,356; lease ends June 2036.
- Shop has six service lifts and two diagnostic technicians.
- Additional $42,000 annual rental income from a separately leased space occupied by a tire shop tenant.
- Business services domestic, import, and Japanese vehicles.
Contact Info
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