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International Automotive Technicians Network
Re: going to look at a shop for sale
Posted to Shop Management Forum on 11/6/2003

A Lot of money for a 2500 sq ft shop,assuming the the real estate is worth at least $ 400,000 the businness would need to be grossing $500-600,000 a year to justify a $200,000 sale price. Most lenders in our area will only go 7 to 10 years on a bus... Login to read more.