[M.D. Holloway]

It may be easier and cheaper to buy it from him rather than relocate and start new. Think of the new location - tough to predict. Think of the tools you would have to buy - pain in the arse and $$$, plus all the start up costs including insurance and biz licenses and certifications and advertizing.

I am amazed that the sales is only $500,000 a year. That is only $62/hr for a loaded work week. If you only have one mech, OK but you are leaving money on the table do to zero margin on your parts. Two bays witha loaded week will double sales, add some services and apply a profit margin to parts and you may just start making out.

Is the building leased or owned? makes a big difference. How long is the lease for?