Full Service Auto Repair Business - Includes Real Estate

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Custom-built 8-bay shop on a mojor thoroughfare!
Asking Price:
$1,896,000

Gross Revenue:
$2,080,544
Cash Flow:
$208,097
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$161,175
included in asking price

FF&E:
$235,950
included in asking price

Real Estate:
$1,100,000
included in asking price

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Business Description

For almost 20 years, this full-service auto repair facility has served thousands of customers from all over Central Virginia. Its well deserved reputation for excellence stems from an attractive, modern facility, down-home sales approach and top-notch customer service. Services include everything from preventive maintenance and state inspections to complex drive-ability and computer-related repairs. They are known for doing jobs that others just can't do!

This business consistently generates over $2MM in gross sales and over $200K in discretionary earnings! Purchase price includes the operating business and inventory, as well as the building and almost 3 acres of B-1 commercial property.

This attractive, high-visibility facility is prominently located along THE main thoroughfare with a traffic count of over 18,000 vehicles per day. With 8 service bays and all of the equipment you would expect in a modern facility, this shop services an average of 100 vehicles per week, both personal and commercial.

This is a unique opportunity to own a thriving, turn-key business in a modern, purpose-built facility in a fast-growing area of Central Virginia! This transaction has been pre-approved for third party financing for a well-qualified buyer. Further details will be provided upon receipt of signed Buyer's Package.

About the Business

Year Established:
1999
Number of Employees:
7 FT/1 PT
Real Estate:
Owned
Facilities:
10,500 sq ft facility includes 8 fully-equipped service bays, a 3000 sq ft showroom and customer waiting area, ample parking and a large fenced-in rear lot with outdoor storage capacity.

NOTE: Real Estate transaction will be managed by Whittle & Roper Real Estate.
Market Outlook/
Competition:
There is very little competition in the immediate area. This business easily draws customers from neighboring markets due to location and complimentary service offerings. Many customers see this shop as an alternative to dealership service, offering comparable services at lower prices.
Growth & Expansion:
There is ample opportunity for business growth, particularly in tire sales and additional fleet services. A strong social media program could be adapted to further promote the business. The surrounding area continues to grow with new high-end residential communities and this is already driving an increase in business.
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About the Sale

Reason For Selling:
Seller relocating out of state.
Training/Support:
Will train for 2 weeks @ $0 cost.
Seller Financing:
Lender pre-screened with $269,200 down.

Listing Info

ID:
1492967
Ad Detail Views:
1176

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Business Listed by

Michael Metzger, CBI

Murphy Business & Financial Corporation, LLC

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U.S. Census Data for Virginia
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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 Virginia
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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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