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Listing No: BBF-966-02164
 Public Pictures:   
Category :  Automotive SIC :  7538
Detail :  Auto General Repair Price :  2,895,000
County :  Collier Down :  289,500
State/Prov :  Florida Adj Net :  335,468
Country :  USA Sales :  1,295,009

This well-established Auto repair shop specializes in German made Autos. The business has a superb online presence with almost perfect reviews which talk about the above-and-beyond customer service record that they have. The business is available along with the real estate or a buyer can get a new long term lease instead.


Business Name :  EUROPEAN MOTORS      Phone: (239) 597-6888
Home Page :  europeanmotorsofnaples.com/
Address :  1989 TRADE CENTER WAY UNIT A, NAPLES, FLORIDA 34109
Seller :  European Motors LLC
Listing Type :  EXCLUSIVE RIGHT OF SALE Date Revised  :  8/17/2020
Listing Office is :  TRANSACTION BROKER Code  :  K-500
Documents on File:  Equipment List:  Y     Lease: N    Corp Resolution: Y
:  Cash Flow: N     Balance Sheet:  N
:  Standard Agreement: N     Signature on File: Y
Showing Remarks :  CALL BROKER FOR SHOWING

Reason for Sale :  Retirement
General Location :  S.W. Florida
Organization Type :  'LLC'     Hours Owner Works: 40
: Years Established: 10  Years Owned:  10  Emp FT:  6  Emp PT:  1  Mgrs:  1
Non Compete :  Miles:  5  Years:  30  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  Monday-Friday 8:00 - 6:00
Skills/Licenses :  None
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source Tax Return Tax Return Tax Return
Year (Cash Flow) 2019 (N) 2018 (N) 2017 (N)
Gross Revenue 1,295,009 1,294,768 1,260,002
Cost of Goods 434,930 430,266 460,360
Gross Profit 860,079 864,502 799,642
Expenses 679,580 653,991 633,158
Net 180,499 210,511 166,484
Owner Salary 208,000 208,000 208,000
Benefits -65,071 -68,169 -77,424
Interest Expense 2,512 313 201
Depreciation 9,528 1,681 616
Other 0 0 0
Owner Benefit 335,468 352,336 297,877

Accounts Rec 0 N* Real Estate 2,100,000 Y*
Inventory 100,000 Y* ___________ 0 N*
F F & E 340,000 Y* Total Assets 2,540,000 Y*
Leasehold 0 N*
*Included?

Lease/Month: 11300 Square Footage: 10000 Building Type: Industrial
Terms & Options: New long-term lease avail Expiration Date: 9/17/2021

Loan/Assumable - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00
Loan/Seller - Amt:  289,500  Mos: 60  Rate: 5.75  Mo Pmt: 5,563.25
Loan/Other - Amt:  2,316,000  Mos: 300  Rate: 5.75  Mo Pmt: 14,570.10

JOSEPH ALTER Office :  (239) 849-9334
BROKER Fax :  
Home :  (239) 849-9334
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 849-9334
999 VANDERBILT BEACH RD. STE 200
NAPLES, FLORIDA 34108 Email :  jalter@sunbeltnetwork.com
USA Home Page :  sunbeltofflorida.com

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BLI Status:
Include in MLS :  Y
Listing Expiration Date :  7/24/2021



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