70+ year old automotive repair shop!

Asking Price$450,000

Cash Flow
$175,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$700,000
Not included in asking price
listing imageSave

70+ year old automotive repair shop!


Asking Price$450,000

Cash Flow
$175,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$700,000
Not included in asking price

Seller Financing Available
Business Description
Incredibly Stable Business AI Can't Replace!
This is a fantastic business that is over 70 years old, and it has multiple bays, long term employees, managers, great road frontage, and services that range from light mechanical to lube, tire, alignment, and more. There's room for growth if desired, great location and clean buildings, both with a good roof. It doesn't get much better than this! $700,000 is the asking price for the two buildings, which is not in the $450k asking price, but will be finalized with an appraisal by the lender.
It's a fantastic opportunity with nationally branded parts that are warrantied nationwide. The long term loyal employees are the heart of the business, and they are expected to stay since the owner hasn't worked there in quite some time. The $175k SDE is with a new owner taking over the scheduling and answering phones. The office manager would appreciate staying on board and would consider equity in the company if desired. It's turnkey and ready for you to walk in!
About the Business
Years in Operation
70
Facilities & Assets
There are two buildings, one is 4,000 sq ft and the other 2,000 sq ft approximately. One has a newer roof and the other within 10 years. Both have recently been painted. There isn't air conditioning with the bays being open regularly but there is heating. Plumbing is limited to bathrooms and sinks so not much to worry about there. Road frontage is 160' with over 10 bays and multiple lifts and alignment lifts.
Market Outlook / Competition
There will always be competition in the auto repair industry, but this is a long established repair shop that is trusted and reliable with managers who have been in place for years and have built rapport in the community.
Opportunities for Growth
Can establish fleet vehicle repair accounts, work with used car dealerships for reconditioning vehicles, or do more marketing in the area as it is growing.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
6,000
About the Sale
Seller Motivation
Retirement
Transition Support
There are managers in place so the retired owner is willing to train some but most will be with the managers.
Financing Options
Seller will owner finance only the portion required by the SBA.
Listing Info
ID
2434792
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Julie Rossi Parkwest Business Partners

Listing ID: 2434792 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Pirtek USA
$100,000Pirtek USAFeatured Franchise