Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

17681 - Highly Profitable Automotive Services In Illinois For Sale

Central IL, Illinois, US
Asking Price:
$1,395,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$923,392
Cash Flow:
$240,000

Located in Central Illinois, this business is a long-standing, professional provider of high quality auto repair, and maintenance services. The comprehensive automotive repair services include alignments, and computer diagnostics, with additional revenue from automotive maintenance services, such as oil changes, engine repair, and fluid exchanges. This is a textbook definition of a “Full Service Shop”. Conveniently located and accessible to customers, this 6,000 SF service center has 8 bays with four overhead doors and 1,000 square feet of office and customer waiting space. Valued around $400,000, the property is included in the sale price! Company awareness comes from repeat business and strategic marketing through longevity, presence with the nearby university, SEO, and other industry specific marketing tools. While the majority of business comes from residential clients, approximately 15% is from commercial service accounts, with more employees, additional fleet accounts would be a great expansion opportunity. With a proven track record, they stay ahead of market trends, new technologies, and changing trends in the types of automobiles, service schedules, and the latest in mechanical techniques and equipment. As an approved AAA service provider, customers utilize insurance, assistance, and AAA service agreements, giving them a strong presence in the market and capitalizing on repeat business. In 2020, Total Revenues went up almost 25% from their previous year, reaching $923,392 alongside Seller’s Discretionary Earnings of $240,000! The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down with sales surpassing original projections with over $900k. Managers are in place and the ownership is willing to stay on for a flexible transition period.

Property Information

Real Estate:

Real Property Included

Location:

Property valued at $400,000 comes included in Asking Price!

Size in square feet:
6,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday, open 8AM - 5PM.

Employees:
7 nonunion.
Years established:
2000

Other Information

Support & training:

Flexible Owner Transition period of 12 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing can be negotiable for the appropriate buyer.

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price

Contact IAG

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here