Blanket Real Estate Business Properties:

Business Name:  
Address:  
Zip Code:  

Type State Town Real Estate
Inc.?
Inventory
Inc.?
Avg. Inventory
Value
Price

Best Location For A Small Auto Repair Shop In New Milford - Real Estate Included

 
CT  New Milford  Yes  No  +/- 9,000 
$297,600
 

Description:
This auto repair business specializes in custom exhausts, restorations and everyday repairs and auto maintenance. Only shop in the area doing custom exhaust work.

It is in a 2 lift 2,689 s.f. industrial condominium just off Route 7 in New Milford, CT., The Condominium is included in the price.

The unique feature of this business is the making and installing of custom exhausts on vintage, high performance and late model vehicles along with the old spec cards for the pipe bender. Doing this specialized work also creates leads for doing other restoration work for these customers' vehicles. Two months training will be available to the Buyer so that you can become familiar with the pipe bender.

The business was established in 2009 in New Milford, CT.

Click here for a picture slide show of this business/property


 
Operation:

Hours of operation are 8:00 to 5:00 Monday through Friday, closed Saturday and Sunday.

The Owner currently works the business by himself. He does mostly exhaust work and restorations. The new Owner could do the same but might want to increase the amount of every day vehicle repair and maintenance that is available. The ProFforma is going to suggest just that.

To do this work the new Owner will need a fulltime mechanic to assist doing repairs and a part time office administrator to answer the phone, file, make appointments etc. Total Labor would run +/- $1,326 per week.

The ProForma shows "Gross" sales for a new Owner is estimated to be +/- $300,000 per year or $12,500 per lift per month (2 lifts). The standard is as high as $20,000 per lift per month for repair bays. The "Net" at this volume is estimated to be +/- $96,000.

 
Location:

The industrial condominium included in this price is +/- 2,689 s.f. It is the first unit you see when you drive into the complex. It has a 12' overhead door, 14' ceiling and 2 floor mounted 10,000 lb contact lifts in the shop area. There is a separate office, storage room, bathroom and a foyer in the front. The condo is a corner unit giving it good parking and visibility in the front and on the side. Taxes are +/- $3,795. Sewer assessment of $225 per month and common charges of $278 (will increase this year when a new roof is installed and some paving is done. (Estimated to increase by +/-$150 per month).

 

Monthly Rent:   Remaining Term:  
Total SQ FT: 2,689 s.f.  Rent Increases:  
Retail SQ FT:  
Office SQ FT:   Est'd FMV of Equip.:  
Warehouse SQ FT:  
Est'd Sales +/- $300,000  Terms:  
Gross Profit: +/- $210,575 
Oper. Expenses: +/- $114,620  ROI:  
Est'd Owners Cash
Flow:
+/- $95,954  Payback:  

Reason For Sale: Retirement 
Comments: In order to obtain more information or visit this or any other business the Confidentiality Agreement & Questionnaire Agreement must be filled in, signed and faxed back. To get these forms Click here

 

Click here for additional information

Click here for a picture slide show of this business/property


| Home | Back |

If you want more information on any of these listings,
contact us at our email address or call us direct at (203) 746-7272

Information believed to be accurate. Subject to errors, omissions & change without notice. Verify important details before reliance or dependence.