Auto Care, Transmission & Tire Center 34 years in Business

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Located In a High Traffic Area Over 30K vehicles pass by each day
Asking Price:
$220,000

Gross Revenue:
$305,000
Cash Flow:
$154,125
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$95,000
included in asking price

FF&E:
$127,000
included in asking price

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Business Description

This is a well run well organized profitable turn key business operation that is a "one stop shop" from auto repairs to transmission repairs and a NYS Inspection Station. (license will be sold separate at a fair market value) We currently use MICHELL1 PRO DEMAND internet based repair information center and will be implementing the MICHELL1 management system as well. The building size is 3,100 sq. ft. with plenty of parking, a storage area that is directly in back of the shop and is also 3,100 sq. ft. This large shop has four bays that are all relatively new, ranging from 5k pounds up to 18k pounds of lifting capacity, oversized trucks are accommodated on our end lift. There is a climate controlled waiting room that can seat up to six people with WI-FI, TV, and clean restroom at all times. The shop is heated by a Lanair heater that is fueled by used motor oil, so there is "NO COST" of heating fuel to heat the shop. There is also a 80 sq. ft. private office that is separate from the waiting area. Besides the owner the business has two experienced technicians one of which is a highly skilled transmission rebuilder with over 30 years experience. We have a list of customer base that stem from wholesale accounts and town accounts, as well as first time and repeat customers. We have a five star rating on yelp with great reviews, and advertise on google, instagram, and Facebook that receives numerous calls each day. We also maintain a strong business relationship with other auto care facilities in the area and receive referrals from them. We are also an authorized UHAUL dealer that provides additional revenue and new customers to the location. This Auto Care Facility has been in the same location for 33 years and has become a land mark. The owner is currently collecting 2K each month with renting the back lot (the person is never there) and one bay for approximately 20 hours a week, sweet deal... Since this location is in a high visibility area, becoming a car dealer would be ideal!

About the Business

Year Established:
1985
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
3,100
Lease Rate/Sq. Ft./Mo.:
$6,000.00
Lease Expiration:
5/25/2025
Facilities:
We have 7 years remaining on the lease with the option to renew for 10 years.
Market Outlook/
Competition:
We are located in a prime location in central Suffolk County with over 30k vehicles passing by each day. We have a website with a video that is updated on a monthly basis, we have advertised on channel 12 news as well as the local town newspaper. We have also made donations to local schools providing marketing for the business.
Growth & Expansion:
This business has a tremendous amount of opportunity for growth. The 3,100 sq. ft. fenced in yard in back of the shop can be utilized for other revenue. You also can add several other services to this business such as used car sales, painless dent removal, etc... the possibilities are endless...
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About the Sale

Reason For Selling:
The owner would like to semi retire and may also consider a partnership
Training/Support:
The owner is willing to stay on for a transition period to be agreed upon, after which he will be available, if needed, on a consultation basis.

Listing Info

ID:
1380162
Ad Detail Views:
370

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Business Listed by
Michael
U.S. Census Data for Suffolk County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Suffolk County, NY
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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