Centrally located in high traffic area, this established automotive service and repair shop provides mechanical repairs, parts, custom paint and body work serving the greater Cleveland area. Includes steady, recuring revenue derived from extensive wholesale relationships and referrals from word-of-mouth. Active auction repair and resale business contributes 30% to top line revenue. Well diversified product and service lines with wholesale business driving high quality earnings. Shop equipment includes framer, paint booth, 8 above-ground lifts and 6-9 bays, providing multiple lifts/bays per technician. Owners manage shop and office. Active database utilized extensively for customer tracking. Utilizes software programs and diagnostic programs in the shop. Services all types of vehicles from wide area due to excellent location. Rated A+ by BBB and excellent reviews.
Founded in 2001, this auto repair business has grown significantly into a diversified earning stream built on reputation, relationships and excellence. This business is known for high quality service, repeat repair business and long term relationships with significant number of businesses in the area.
This highly reputable shop is busy, busy, busy with minimal competition in the area. They draw business from several high-end residential areas close-by and many Greater Cleveland suburbs across town. In addition they have strong business relationships with 15+ businesses for fleet repairs. Nearby shops are smaller business or more niche businesses for specific cars only. This repair shop takes all cars/trucks. Reviews are great and they are A+ accredited by the Better Business Bureau.
This 9800 sq. ft shop has plenty of bays/lifts and technicians to continue growing its residential and fleet customer base.
- Asking Price:
- $850,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $709,200
- Cash Flow:
- $37,277
Business Operation
- Reasons for selling:
-
retirement
- Trading hours:
-
M-F 9AM-6PM Closed Sat & Sun
- Employees:
- 7
- Years established:
- 2010
Other Information
- Support & training:
-
12 weeks
- Inventory / Stock value:
- $32,078 - included in the asking price