Confidential Margate, FL 33063
- Investment properties
Current Use by Public Records
- Investment properties
Property Details for Confidential
- Year built
- 1978
- Property type
- Investment properties
Description
This exceptional opportunity presents a well-established auto repair shop in Margate, Florida, ideally suited for an experienced buyer looking to acquire a turnkey operation with a proven track record. The business has thrived in its current location for over two decades, building a strong reputation and loyal customer base through consistent, high-quality service and word-of-mouth referrals. The shop boasts a steady stream of repeat customers and consistently overflows with work, demonstrating its strong market position and profitability. Currently staffed with two full-time technicians and a part-time front office employee responsible for handling calls and providing quotes, the business is efficiently managed and ready for a seamless transition. The owner, who is retiring, is not actively involved in vehicle repairs, allowing for a hands-off approach for the new owner. The comprehensive service offerings include a wide range of repairs, from routine maintenance like alignments, tires, and brakes to major engine and transmission overhauls, AC and electrical work. The business maintains meticulous financial records, providing a clear picture of its financial health and performance. This is a rare opportunity to acquire a profitable, established business with significant growth potential. The asking price is $325,000. A confidentiality agreement is required prior to disclosing further details.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.2035
- Latitude
- 26.2414