Real property is included in the asking price, presenting attractive financing options and allowing the buyer to build equity!
This Albuquerque full-service, fully-equipped import auto repair shop has experienced exponential growth. Sales have averaged a 16% year-over-year increase with Seller’s Discretionary Earnings increasing by18%. It handily outperforms other New Mexico automotive repair businesses in its class. The business has earned 341 online reviews averaging 4.8 stars, an impeccable reputation, and an A+ rating from the Better Business Bureau. Albuquerque residents have recognized it as the metropolitan area’s best auto repair shop, resulting in multiple awards and recognition over the years.
A July 2023 independent certified business appraisal valued the business at $2,220,000. It has also been pre-approved by a reputable SBA lender that has a strong presence in the Albuquerque market and that is also offering favorable sub-prime rates. They claim that this is the one of the best run automotive repair businesses they've seen!
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The next owner will walk into a business with well-organized systems, a training program that quickly brings new hires up to speed, and a range of sophisticated tools.
The skilled team is led by a service manager with 20 years’ industry experience. Working a relaxed work week, the current owner focuses on financial management, strategic growth, and other executive tasks.
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $850,000.00
Real Estate Description:
Centrally located, updated 4,620-square-foot, 6-bay venue on a secure corner, 0.24-acre lot with a nearby secure lot for overflow or long-term parking.
Detailed Information:
Lender Prequalified: Yes
SBA Prequalified: Yes
Rent: $9,000.00
Owner worked hours per week: 20
Is Going Concern: Yes
Market Competition: Repeatedly voted Albuquerque's best automotive repair shop, this business has a demonstrated track record of forging enduring client relationships, achieving top rankings on the search engines, and competing with and often outperforming the dealerships.
