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Profitable Auto Repair Shop In Aroostook County For Sale

Aroostook County, Maine, US
Asking Price:
$270,000 Inventory / Stock included
Sales Revenue:
$920,000
Cash Flow:
$143,150

This profitable automotive service enjoys a stellar reputation in the community and boasts a 4.7/5 rating on Google and 5/5 on Facebook.

The business also sells a small number of used cars.

Their full staff of trained technicians performs the full range of maintenance items from general maintenance to engine rebuilds, AC repair, exhaust systems Fisher plow installations, and more.

The seller will stay on to assist with the transition.

Please note that the state of Maine recently passed the Right to Repair bill. This allows all independent repair shops to have access to diagnostic data for all vehicles.

Purchase Price: $270,000
Cash Flow: $143,150
Gross Revenue: $920,000 (includes car sales)
Inventory: $10,000 (included in sale price)
Real Estate: $250,000 (estimated value, not included in sale price. Incidental to the sale of the business, subject to commercial appraisal.)
Employees: 5 FT, 3 PT
Payroll: $24,254/month (including owners)
Founded: 1993
Reason for Sale: Retirement

Note: Financials are seller-provided and not audited by Inbar Group ,Inc.

Property Information

Real Estate:

Real Property Included

Location:

Aroostook County, Maine

Business Operation

Expansion Potential:

The seller states that there is more business available than they can handle. With additional staff and possibly an expansion of the building, the seller is confident that they could grow sales substantially.
Expand used car sales.

Reasons for selling:

Owner is seeking retirement.

Employees:
5 FT / 3 PT
Years established:
30

Other Information

Support & training:

Owner will stay on to assist transition.

Inventory / Stock value:
$10,000 - included in the asking price