Located in the metro area of 2nd fastest growing city in USA
Business Description
New customer migration into our market area due to cost of living
Established Auto Repair & Service Shop - Thriving in South Carolina's High-Growth Market
This well-established automotive service business, operating since 2014, presents an exceptional opportunity in South Carolina's rapidly expanding market. Located 35 miles from the nation's second fastest-growing metro area, the business benefits from significant population migration driven by cost-of-living advantages and proximity to higher-paying employment opportunities.
Facility & Equipment:
• 6,800 sq ft professional facility with 7 service bays and 5 lifts
• Hunter 4-wheel front-end alignment machine
• 800 sq ft upscale customer lobby with 2 private offices
• Real estate owned by seller (valued at $850,000, not included in asking price)
• FF&E valued at $75,000
Financial Performance:
• Annual Revenue: $600,000 (2/3 garage sales and 1/3 car sales)
• Cash Flow (SDE): $100,000
• Inventory Value: $100,000 ("cost" of automotive inventory not included in asking price)
• Additional income stream: $275,000 in retail car sales through BHPH (Buy Here Pay Here) operations generating $85,000 annual interest income
• 12 years of established loan history
Business Operations:
• Integrated customer management systems using Mitchell software for billing and estimating
• Professional CRM (customer relationship management for customer acquisition and retention) and DVI systems for add-on sales conducted on all incoming vehicles to be repaired
• Sophisticated website with online appointment scheduling
• Outstanding reputation with 130+ five-star reviews
• Proven 3-year parts and labor warranty program for customer retention
• Excellent management team and skilled mechanics in place
Competitive Advantages:
• Professional brand in market with only 5-6 "mom and pop" competitors
• Advanced integrated business systems
• Strong community reputation (Chamber of Commerce, Rotary, etc.) for trust and quality work
• Comprehensive warranty program driving customer retention
Growth Opportunities:
• Located in significant high-growth area with new residential developments of 700-3,500 homes
• Expanding customer base from metro area migration who are going to lower cost of living area in our marketplace.
• Established systems ready for scaling operations
Seller Support:
• Up to 6 months onsite/remote transitional training
• Sophisticated customer retention and acquisition training
• Former banker will assist with selling and lending processes
• BHPH LLC operations included in sale price
Financing Available:
• Seller financing: 50% down on business, 25% down on real estate
• Owner financing: 10 years at 5.75% based on above down payments
This turnkey operation combines traditional auto repair services with profitable BHPH operations, positioned in one of the fastest-growing markets in the United States. The seller's comprehensive training and established systems provide an excellent foundation for continued growth and success.
This well-established automotive service business, operating since 2014, presents an exceptional opportunity in South Carolina's rapidly expanding market. Located 35 miles from the nation's second fastest-growing metro area, the business benefits from significant population migration driven by cost-of-living advantages and proximity to higher-paying employment opportunities.
Facility & Equipment:
• 6,800 sq ft professional facility with 7 service bays and 5 lifts
• Hunter 4-wheel front-end alignment machine
• 800 sq ft upscale customer lobby with 2 private offices
• Real estate owned by seller (valued at $850,000, not included in asking price)
• FF&E valued at $75,000
Financial Performance:
• Annual Revenue: $600,000 (2/3 garage sales and 1/3 car sales)
• Cash Flow (SDE): $100,000
• Inventory Value: $100,000 ("cost" of automotive inventory not included in asking price)
• Additional income stream: $275,000 in retail car sales through BHPH (Buy Here Pay Here) operations generating $85,000 annual interest income
• 12 years of established loan history
Business Operations:
• Integrated customer management systems using Mitchell software for billing and estimating
• Professional CRM (customer relationship management for customer acquisition and retention) and DVI systems for add-on sales conducted on all incoming vehicles to be repaired
• Sophisticated website with online appointment scheduling
• Outstanding reputation with 130+ five-star reviews
• Proven 3-year parts and labor warranty program for customer retention
• Excellent management team and skilled mechanics in place
Competitive Advantages:
• Professional brand in market with only 5-6 "mom and pop" competitors
• Advanced integrated business systems
• Strong community reputation (Chamber of Commerce, Rotary, etc.) for trust and quality work
• Comprehensive warranty program driving customer retention
Growth Opportunities:
• Located in significant high-growth area with new residential developments of 700-3,500 homes
• Expanding customer base from metro area migration who are going to lower cost of living area in our marketplace.
• Established systems ready for scaling operations
Seller Support:
• Up to 6 months onsite/remote transitional training
• Sophisticated customer retention and acquisition training
• Former banker will assist with selling and lending processes
• BHPH LLC operations included in sale price
Financing Available:
• Seller financing: 50% down on business, 25% down on real estate
• Owner financing: 10 years at 5.75% based on above down payments
This turnkey operation combines traditional auto repair services with profitable BHPH operations, positioned in one of the fastest-growing markets in the United States. The seller's comprehensive training and established systems provide an excellent foundation for continued growth and success.
About the Business
- Years in Operation
- 11
- Employees
- 6 (4 Full-time, 2 Part-time)
- Facilities & Assets
- 6800 sf 7 bay garage with 5 lifts, Hunter 4-wheel front end machine, 800 sf upscale lobby 2 private offices, $275,000 of retail car sales BHPH loans generating 85K in annual interest income alone plus unsold inventory at cost or 75K (included in sale).
Integrated cs. offices from completely automated billing/estimating systems using Mitchell software, to CRM and DVI's on all vehicles, to sophisticated web site for setting appointments (over 130 5-star reviews). Comfortable/updated lobby, 2 private offices in 800 sf of tasteful customer welcoming. - Market Outlook / Competition
- Probably 5-6 other "mom and pop garages"... nowhere as advanced as our integrated customer management business models:
We've developed and grown a professional "brand". Purposely executing on cs. service levels (130 plus 5-star reviews) from advanced integrated office systems (DVI-Billing/estimating (Mitchell) labor guide, loan management systems (12 years of loan history) with a very well-respected community reputation of "trust and good mechanical work". We provide a 3-year parts and labor warranty on our jobs...thus helping grow our business! - Opportunities for Growth
- Significant! Our market/service area is growing incredibly fast! Our garage is located 35 miles from 2nd fastest growing Metro area in the U.S. Our garage is enjoying this historic growth of this marketplace by being contingent to this large metro area. "Affordability" is the primary to move to a lesser living cost area while still having access to higher paying jobs by commuting 35 miles.
New residential neighborhoods of 700 to 3500 have opened bring new customers to our market thus bringing more opportunities to our garage and "new" future buyer.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 6,800
About the Sale
- Seller Motivation
- Planning to retire in next 18-24 months or sooner
- Transition Support
- Owner will provide up to 6 months onsite/remote transitional training given sophisticated customer retention and acquisition training. Have an excellent manager and mechanics that should make transition to new buyer seamless.
As a former banker will also assist in the selling and lending process around our BHPH LLC that's included in the price. - Financing Options
- 50% down on biz and 25% down on real estate and owner will finance 10yr @ 5.75%
Listing Info
- ID
- 2415637
- Listing Views
Listing ID: 2415637 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.
