Profitable Auto Repair Business (ID: 1084950)

High Volume Business

Seller Financing Available!
Asking Price: $398,000
Gross Revenue: $716,340
Cash Flow: $203,648
Inventory: $10,000 ++
Real Estate: n/a **
FF&E: $48,300 ++
Business Listed by Douglas Whalen, Esq.Esquire Business Brokers, LLCView All of My Listings
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Profitable Auto Repair Business
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Business Description

Amazing opportunity to purchase sixteen years worth of goodwill, reputation and client contacts with this established and highly profitable auto service company. This business has been SBA pre-approved with an approximate $60,000 buyer down payment. A buyer would see a return on their down payment in well less than a year! This high volume operation bills and closes approximately a dozen cars daily. Satisfied customers and their family members repeatedly come back to this auto Shop. Along with having a strong local customer base, they also have established relationships with various commercial businesses. A new owner will assume a very favorable lease with 5 years remaining and a current negotiated rate of $13 per square foot. The leased premises has 7 bays and 5 doors. This business comes complete with all of the equipment required to run a full service auto repair business including: 3 Rotary 10,000 Lifts, 1 Rotary Truck Lift, Hunter Alignment Rack and Computer, lathe, tire machine, emissions machines, 2 Champion Compressors and other miscellaneous equipment. This business is perfect for a mechanic looking to acquire their own Shop, or an established auto service company looking to expand. A new owner could expand the business by advertising aggressively and establishing additional commercial relationships in the area. The owner does no advertising or sales outside of repeat customer postcard and coupons. A website for the business may also help to increase sales. Contact Doug Whalen, Esq. to learn more about this business. Visit www.esqbb.com for the status of this and other opportunities.

About the Business

Year Established: 1996
Number of Employees: 5

Facilities: Very favorable lease terms over the next 5 years. New monthly rent payment of $4,000 a month for approximately 3,600 square feet. The leased premises has 7 bays and 5 doors.

Market Outlook/Competition: A new owner could expand the business by advertising aggressively and establishing additional commercial relationships in the area. The owner does no advertising or sales outside of repeat customer postcard and coupons.

About the Sale

Reason For Selling: The owner is moving out of the area.

Training/Support: Negotiable

Seller Financing: Negotiable

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