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Lucrative Automotive Repair Center Includes Corner Real EstateBusiness In Kentucky For Sale

Louisville, Kentucky, US
Asking Price:
$1,900,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,201,431
Cash Flow:
$350,860

Exceptional opportunity to acquire this highly profitable automotive repair center with its associated commercial Real Estate. The business is NOT a franchise, so there are no franchise fees cutting into your profit margin. It is privately owned and boasts a thirty-year track record. That kind of history provides repeat business, referrals and name recognition on par with any franchise. Quality work, reliability and OUTSTANDING location have all contributed to its success. The business benefits from a superb reputation for honesty and quality- earning a near perfect Google review rating. It has hundreds of 5-star reviews posted by real customers over the years. The business employs a loyal and knowledgeable crew. Several key technicians have been with the business for many years.

Annual Revenues and Net Profits are consistently on the rise. 2023 has exceeded all expectations and 2022 posted an 11% increase over the prior year! The automotive repair business has proven itself recession and pandemic resistant- and This Shop, in particular, faired COVID impact especially well.

Although the owner's integrity plays an obvious role in The Shop's success, it is fully-staffed by loyal employees who do the actual work. That means it can transition to a buyer with business acumen or an honest mechanic equally well. If you have good people skills and character you're qualified to carry on its legacy of success.

We work with a number of banks and SBA lenders. This business has been pre-qualified by those lenders for financing. Serious buyers please inquire by calling our offices

Property Information

Real Estate:

Real Property Included

Location:

Prime Location in rapidly expanding area

Premises Details:

This Listing includes real estate. The property is located on a corner lot with excellent visibility from a major thoroughfare. The property is just under 1.5 acres on a level lot with plenty of paved parking. Pride of ownership is evident throughout. The Shop is neat as a pin, with over 7,000 square feet, 8 hydraulic lifts, multiple overhead doors and nicely appointed interior waiting and break rooms. The facility is perfectly suited to its purpose with room for future growth.

Size in square feet:
7,000

Business Operation

Expansion Potential:

The Business is located in an area that is booming with residential and industrial growth. The Business already has established fleet accounts with several nearby businesses, and its location positions it to acquire even more! New and used vehicle prices are skyrocketing meaning people are keeping their current vehicles on the road longer.

Competition / Market:

There is more than enough business in this market to keep all competitor busy. But this Company's physical resources and reputation have made it the go-to choice for large commercial fleets and retail customers alike. Decades of proven integrity and quality service have resulted in organic sales. It is highly rated and reviewed on Google with hundreds of 5 star reviews.

Reasons for selling:

Retirement. After nearly 30 years of successful operation, this owner is ready to retire.

Trading hours:

Mon- Fri

Employees:
6
Years established:
29

Other Information

Support & training:

The Seller will train and assist the buyer for a period of two weeks as part of the purchase price. Seller is willing to provide consulting services by separate agreement, as needed, thereafter. A loyal staff is also in place to assist with the transition and keep business operations moving forward.

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

Prequalified for conventional financing. Plus the Seller is willing to carry a percentage of the total purchase price

Furniture / Fixtures value:
$471,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price