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Auto Repair, 34% Sales Increase In Northern Coast Of Oregon For Sale

Northern Coast of OR., Oregon, US
Asking Price:
$375,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$755,000
Cash Flow:
$163,000

Conveniently situated off a thoroughfare in the Northern Coast Region of Oregon, listing provides quality-focused transmission work, automotive care, engine rebuilds, diagnostics, and RV repairs to the surrounding area. Found in great condition with public visibility, this well-established Auto Repair Center also offers specialized alignments, part replacements, front-end restorations, brake services and oil changes to commercial and residential clientele. Located in a two-piece workshop with attached living quarters that measures 6,830 square feet, site features space for maintenance operations of 2,625-sq.ft. plus an additional 600-sq.ft. of office and waiting room. Building’s vacant storage is zoned to handle expansions for a full servicing area of 3,625-sq.ft. and uses four of the six bays available, featuring four lifts; property holds a monthly tenancy from current ownership and is available for a separate purchase. Showing strong ongoing demands and a command over their area, 2022 climbed up to $755,000 with $163,000 Discretionary earnings. Revenues for 2021 reached $562,279 next to Discretionary Earnings of $99,129. Skilled and experienced personnel of seven nonunion workers can remain post-sale and continue streamlined functions after a smooth transition period, with ownership keeping current managerial roles throughout. As potentials exist from launching a website and engagement in social media, promotive efforts include local mailers, radio and internet adverts, backed verbal referral sources, and longtime customer base relations. Bigger growth opportunities are presented by starting tire and body work, as high ratings and years of strategic optimizations take business to the next level; through extra advertising, further outreach is possible too. With revenues higher by 41%, it’s full steam ahead for Buyer thanks to an increased employee count and marketing programs set to bring business back to a former glory and drive sales to a goal of $20,000 each week! Financials based on an independent evaluation!

Property Information

Real Estate:

Lease

Location:

Property marketed for $1,500,000 is available for optional purchase.

Size in square feet:
6,830+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 8AM - 5PM.

Employees:
7 nonunion.
Years established:
1990

Other Information

Support & training:

Smooth Owner Transition period with streamlined functions and kept managerial roles.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$175,000 - included in the asking price
Inventory / Stock value:
$20,616 - included in the asking price