The Seller has worked hard to build this auto repair business into the success that it is today. The business is employee managed and runs semi absentee where the Seller handles most of the book work, AP, AR and the like but the day to day is taken care of by a General Manager/Service Writer. The facility that they operate from can also be available and, in fact, The Seller would prefer to sell the business with the real estate, but they are also willing to lease to a Buyer and provide a right of first refusal. Located in the SW Sound area and near a major thoroughfare, they are easy for customers to access and find. The business could greatly benefit from a present owner who can network and further market to the customer base. This is a real gem for an ambitious Buyer. Inquire today! All Inquiries will be required to submit an executed NDA.
- Asking Price:
- $300,000
- Sales Revenue:
- $654,053
- Cash Flow:
- $104,244
Property Information
- Real Estate:
-
Lease
- Lease Rent:
- $36,000 per sq ft per annum
- Premises Details:
-
This business is operated out of an efficient 2200 sq ft facility that houses multiple vehicle bays, lifts, office, service writing and waiting areas. It’s located on a well-traversed thoroughfare and provides easy access to their customers. The facility itself is also available for purchase if a Buyer desires the real estate-The Seller would prefer to sell the entire package. There is also a secure yard for customer vehicle storage if needed.
Business Operation
- Expansion Potential:
-
Being absentee, the business is essentially running on its’ own. Expansion could be achieved through having a more local owner that could place energy into marketing or being more present in the business.
- Competition / Market:
-
There is competition of course but this shop has long loyal customers, reliable mechanics and an able service writer/general manager. The Seller lives out of state and runs the shop on a semi absentee basis so essentially the business is on auto pilot. Having an owner more local could be a big benefit in the market.
- Reasons for selling:
-
Seller lives out of state.
- Employees:
- 4
- Years established:
- 2017
Other Information
- Support & training:
-
The Seller will help with a smooth transition as negotiated between the parties.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller is open to assisting in some financing to secure SBA funding.
- Inventory / Stock value:
- $20,000
