Established Automotive Repair Business

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Automotive Service Center

Business Description

Great opportunity to own an established Automotive Business with instant cash flow and very profitable. Located in the heart of Tulsa with a 27 + year history of serving the local community. We have been on the BBB's honor role with an A+ rating for the last 25 years and have the repeat customer base needed to be successful. Our service center is a AC Delco and Bumper to Bumper Certified center that only employs ASE certified Technicians. Our facility is 5500 square feet with 9 service bays overhead doors and 1 storage bay door, showroom and inventory space, we operate in a clean and friendly environment. There will always be a great need and earning potential in the Independent Automotive Industry. The business is currently open 5 days per week and the opportunity for growth and expansion is wide open. This untapped midtown area would be great for the addition of tire sales and lube service. This is an excellent opportunity for someone to take over and hit the ground running with a instant cash flowing, profitable turn key operation.

About the Business

Year Established:
1991
Number of Employees:
2
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,500
Rent:
$4,500.00 Per Month
Facilities:
5500 Sq. Ft Building, 5 front facing overhead bay doors, 5 rear facing bay doors. Large fenced area with one electric gate and one manual gate which includes a large 70' X 25' covered and very secured area. Approximately 4000 sq. ft. of shop and 1800 sq. ft. of office/showroom/storage area.
Website:
918autorepair.com
Market Outlook/
Competition:
Located on historic Route 66 this area is highly desirable and most recently heavily invested in. With lots of new businesses and The University of Tulsa down the street, downtown being only 3 miles away the future possibilities are endless.
Growth & Expansion:
LOCATION. LOCATION. LOCATION! With the location and size of property and the addition of other services the opportunity for growth is endless.
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About the Sale

Reason For Selling:
Retiring after 40 years of Automotive Services in Tulsa.
Training/Support:
Owner retiring and available for full consulting support for the next 6 months. Being a Certified Repair Center we area affiliated with mostly free training and seminar classes to both the Technicians and the shop owners.
Seller Financing:
Possible with 50% down and lease purchase option on property

Listing Info

ID:
1443048
Ad Detail Views:
0
Asking Price:
$425,000

Gross Revenue:
$890,000
Cash Flow:
$67,000
EBITDA:
$128,000
Inventory:
$46,000
not included in asking price

FF&E:
$129,000
included in asking price

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Business Listed by
Robert Dooman
U.S. Census Data for Creek and Tulsa Counties, OK
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Creek and Tulsa Counties, OK
Income

Education

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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