Automotive Repair Major Growth Opportunity. Lease to Own Options
Business Description
Originally founded by the current and single operating ownership for over 3 decades, the shop is recognized as one of the leading full service automotive repair shops within the county and outlying marketing areas. The shop performs a wide array of auto, light truck and medium duty truck repairs and services to include: powertrain repair services, brake repair services, electrical system repair services, heating/air conditioning repair services, muffler and exhaust repair services, wheel alignment, scheduled and preventative repair and maintenance services, and all other repair, maintenance and diagnostic services. Services provided for gas, diesel (Power Stroke, Cummins, Duramax and European) and hybrid vehicles.
The business operates with a Service Advisor, office bookkeeper/shuttle driver, a master certified technician, journeyman technician 1, light duty technician and a part time cleanup person. Long-term retention of employees is promoted with health care, retirement and fringe benefit programs. The ownership has chosen to work limited hours while having this proficient staff operate the business in his absence.
Seller financing. $125,000 down. 9% annual interest with monthly installment payments of $3,927. The seller owns the building and will give buyer first right of refusal to purchase the building after an agreed upon period.
The business operates with a Service Advisor, office bookkeeper/shuttle driver, a master certified technician, journeyman technician 1, light duty technician and a part time cleanup person. Long-term retention of employees is promoted with health care, retirement and fringe benefit programs. The ownership has chosen to work limited hours while having this proficient staff operate the business in his absence.
Seller financing. $125,000 down. 9% annual interest with monthly installment payments of $3,927. The seller owns the building and will give buyer first right of refusal to purchase the building after an agreed upon period.
About the Business
- Employees
- 6
- Facilities & Assets
- Current facility is over 6,000 square feet plus in-shop space and all transferable items in the shop are included in the listing price and are in good operating condition. A list of equipment will be supplied to a qualified buyer. Is inclusive of two shop vehicles and expanded testing equipment.
- Market Outlook / Competition
- The business has multiple additional profit centers not normally found with more traditional auto repair centers. Part of this offering relates to capital expenditure investments made and operating facilities not frequently found in other shops.
- Opportunities for Growth
- The business has over 10 different service bays in an oversized property shop location that has the capacity to increase business with a mix of a core commercial and non-commercial long-term and loyal recurring and supportive customer base. Business is not being run at full capacity. There is room for an additional service advisor and mechanics/technicians. The business is turn-key with in-house operating policies and procedures and CRM by Mitchell.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 6,000
- Rent
- $3,500.00 per month
About the Sale
- Seller Motivation
- Owner desires to retire, but wants to pass on the business legacy created.
- Transition Support
- Post sales education and training will be negotiated between buyer and seller.
- Financing Options
- Seller finance. $125,000 down. Sales call/ bal. due after 5 years (60 months).
Listing Info
- ID
- 2210961
- Listing Views
- 386
Listing ID: 2210961 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.
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