Essential, technology focused auto repair business has been locally owned and operated for 13 years. Great customer service created through transparency and quality work, resulting in high bottom line. The automotive shop has four bays (with potential to add on two additional), large parking lot, with ample parking of 25+ and has consistently produced high revenue and positive cash flows for years.
The building is a part of the asking price and sits on an acre lot in Aurora Illinois, near Naperville Illinois. The location provides easy access from Eola Rd to 88, with heavy traffic from residential and commercial customers. The owner is ready to retire and has decided to list the business for sale.
Financial Analysis:
-For fiscal year end 12/31/22 teh business produced approximately $775k in revenue and $516K in gross profit which has increased year over year.
Facilities:
- Medium sized facility that is meticulously taken care of, furniture, fixtures and equipment has long useful life as building was built in 2017.
Competition:
-Competition is present, but we have differentiated ourselves by providing quality service that is priced competitively. The company’s Google and Yelp reviews speak for themselves (4.8/5.0 rating from hundreds of reviews)
Growth & Expansion:
-This is a fantastic opportunity for an investor or an auto repair shop that is currently renting a location to step into a consistent cash flowing business and continue to grow the business. The business has cemented itself as a business staple in Aurora and Naperville, which has helped them earn awards for being a top auto repair shop by Carfax, Expertise and Yelp for 2022 and 2023.
Support and Training:
- The owner is willing to stay on board for a short time to help with the transition. There are two seasoned employees who could stay onboard as well.
Business Highlights Include:
• Excellent location.
• Very High visibility and daily vehicle count.
• Highly skilled current technician staff
• Multiple Revenue Streams – Complete auto care menu of general automotive repair services from oil changes and drivability issues to complex diagnostics, engine and transmission repair/replacement for foreign and domestic vehicles.
• Recession & technology resistant-multi-billion-dollar “essential” car care industry
