Highly Acclaimed Auto Center For Repair and Service
Business Description
This is a well respected repair and service center for automobiles. They do everything from rebuilding engines to high end tuning. They service everyday autos to racing autos. They are in a great facility with spacious grounds. Great rent with lease having over 10 years to go. Owner will transition the business professionally and help new ownership to feel comfortable in understanding the business and why it is successful. Not looking for tire kickers...no pun intended...want buyers who are serious and have the financial ability to purchase the business.
Business through May has 312K of Net Income... on target for projected year end 750K income. The multiple for this business based on the income expected for 2025 is 4.
Business through May has 312K of Net Income... on target for projected year end 750K income. The multiple for this business based on the income expected for 2025 is 4.
About the Business
- Years in Operation
- 20
- Employees
- 11
- Facilities & Assets
- There is a 20,000 square foot facility which is updated and looking great. There is a 20,000 square foot yard also. The assets are included in a Powerpoint presentation that can be gotten once an NDA is signed. Over $1MM in equipment and assets. Great storage facilities on the site also.
- Website
- http://www.bassoassociates.com/
- Market Outlook / Competition
- Lot's of competition out there but not much at a quality level. Business done here is not done on a price point but rather a quality point. Customers come here due to reputation from far and wide!
- Opportunities for Growth
- There are several areas that could increase business but business is growing tremendously at this time sticking to what brought them to the dance. The revenue for 2025 will be over $3 million. The owners income will be 700K plus!
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 20,000
- Rent
- $14,500.00 per month
- Lease Expiration
- 1/1/2040
About the Sale
- Seller Motivation
- Owner spent a lot of time in the business and now wants to reap the rewards.
- Transition Support
- Seller will transition the business as professionally needed. No short cuts. Owner is willing to help the new owner transition in after a fair transition period for a fair price.
- Financing Options
- There is a small % that the seller will finance and that will depend on the buyer's c
Listing Info
- ID
- 2308865
- Listing Views
- 1879
Listing ID: 2308865 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.
Businesses for SaleConnecticut Businesses for SaleConnecticut Auto & Automotive Businesses for SaleConnecticut Auto Body & Repair Businesses for Sale
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