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Auto Repair Shop In Colorado For Sale

Gunnison, Colorado, US
Asking Price:
$495,000 Furniture / Fixtures included
Sales Revenue:
$1,100,000
Cash Flow:
$100K - $250K

Precision Automotive has serviced the Gunnison, Crested Butte, and Lake City areas since "1984". "AAA Approved Auto Repair" since 2001. Founded by the current owner services include full service repair, maintenance, car rentals/sales, vehicle storage and tire sales. With 14 bays and 50 parking spaces this shop is ready for max production. A clean modern front office and waiting room is consistent with the quality repairs performed. Protractor & AutoVitals digital tablet software delivers a efficient and transparent reports directly to customers phone or email. This is the first service facility you will encounter as you enter Gunnison from West Hwy 50, with a high visibility position on the frontage road it offers easy access & paved parking. We have approximately 12 storage vehicles of second homeowners, we are conveniently located walking distance from Gunnison/Crested Butte Regional airport. Property is owned and will consider selling with business or will sign a long term lease.
A well equipped facility with the latest in diagnostic and maintenance capabilities supports our ability to service most makes & models. Our staff is currently made up of 4 Technicians, 1 Detailer/Shop Maintenance, 2 Advisors & the Owner/Manager.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5 year with additional 5 year option including a real estate purchase option, cost of living adjustments.

Leasehold Rent:

$7,600 per annum

Lease Rent:
$11 per sq ft per annum
Location:

This highly visible shop is on Hwy 50 at the west entrance to Gunnison. The first retail business as you enter Gunnison from the West. CarQuest Auto Parts is directly accross the street for quick part .access.

Premises Details:

At 14 bays and 8760 sq.ft. this is the largest repair facility in the Gunnison, Crested Butte or Lake City area. 9 lifts, very well equipped shop with up to date equipment, large paved parking lot with 50+parking spaces.

Size in square feet:
22,500

Business Operation

Expansion Potential:

This large lot has room for either an addition or another building.

Competition / Market:

5 Small independents round out the other shops. Precision is the best equipped, technically superior and longest family ownership shop in the valley.

Reasons for selling:

Retirement

Trading hours:

8-5:30pm Monday - Friday

Employees:
8 FT
Years established:
38+

Other Information

Support & training:

Owner willing to stay on for 3-6 months during transition at $600 per week for up to 20hr per week.

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

Owner is willing to participate in financing up to 50% with interest only payments for the 1st year.

Furniture / Fixtures value:
$450,000 - included in the asking price
Inventory / Stock value:
$40,000
Website:
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