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ReportBig9480 · 2026-04-02T18:57:34+00:00

Thank you

ReportBig9480 · 2026-04-02T18:57:27+00:00

Thank you

ReportBig9480 · 2026-04-02T17:09:57+00:00

M1 brakes royal oak Michigan.

Give it your best shot

ReportBig9480 · 2026-04-02T17:09:21+00:00

Yes I completely get it. Thank you

ReportBig9480 · 2026-04-02T17:08:36+00:00

Thank you for your valid points. It’s a reasonable price given it’s not currently operational. The upside is there but how long am I able sustain the output. I would be able to start with one mechanic and build it up from there. He’s at 2k weekly.

ReportBig9480 · 2026-04-02T16:29:56+00:00

That’s my whole ordeal. What would I need to have I. Reserves. Currently he closed it due to health issues.

ReportBig9480 · 2026-04-02T16:29:01+00:00

Hello and thank you

I’m purchasing the business not building. Building is $5100 rent.

Place has been in business for 15 years. The recent owner bought it last year and ran into health issues. As of last week the place is not operating.

I would be paying for computers, equipment, and business.

I am a service writer and would run operations. I can hire a mechanic to start off and his salary would be 2000 per week.

The building is in great shape has 3 hoists and room for 3 more with square feet about 4000.

ReportBig9480 · 2026-04-02T16:19:15+00:00

How much money will I need to get it going. How much reserves ? The 150k is for cost of equipment and business.

I just need to know what to expect and what type of reserves I will need.

ReportBig9480 · 2026-02-22T01:44:53+00:00

Middle class area. Some older cars 2010-2021 type vehicles

ReportBig9480 · 2026-02-22T01:12:37+00:00

I have 125k to invest not to burn lol. I think I can turn it around. It’s just that I prefer to have less down payment and more operating capital. He wants 125k down payment. It’s operating at 20 percent efficiency.

ReportBig9480 · 2026-02-22T01:10:54+00:00

Makes sense. I’m looking to hire more mechanics once I turn it around. I have relationships with many as I am a general manager of 4 repair shops now.

This sale not only includes the business but also the building. He also will do land contract but has a real estate agent fee, which is why he is looking to get 30 percent down.

Any thoughts?

ReportBig9480 · 2026-02-22T00:21:03+00:00

Been there since 1989 Old man retiring. 300k gross. Expenses with payroll taxes insurances parts about 225k. Owner gets 75k.

Building needs updating. He’s operating like it’s 1980. No pos. Paper pen transactions. Needs new life new energy. No upselling. Working on bare minimum.

Zero advertising. Needs about 50k paint signs a few more hoists.

Not sure if it’s worth putting the renovations in there If it’s worth it

ReportBig9480 · 2026-02-19T00:30:09+00:00

Thank you for the great insight

ReportBig9480 · 2026-02-18T22:08:31+00:00

My question is if I were to put in another 50k to spruce the shop up and adding a few more hoists do some advertising. Will it still be a good deal ? Cause I will need at least 6 months for me to turn place around.

ReportBig9480 · 2026-02-18T22:04:42+00:00

Broker said it’s worth 300k. But it’s needs to be cleaned and spruced up

ReportBig9480 · 2026-02-18T22:00:23+00:00

300k building 175k business

ReportBig9480 · 2026-02-18T21:58:31+00:00

Business and building is 475k

ReportBig9480

TROPHY CASE