NEW PRICE Auto Repair Shop with Long History and Loyal Customers

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Tired of Working for Someone Else?
Asking Price:
$225,000

Gross Revenue:
$580,665
Cash Flow:
$137,738
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This Auto Repair Shop has a 28 year history with loyal customers (think book of business), high ratings and is run by gentlemen who are possibly the nicest guys in the business. No wonder they are successful.
The building is for sale to the buyer of the business The shop has four bays (only three are currently being used) and two lifts which are owned outright and are included in the sale. Currently the business has two co-owners and both will retire in addition to two mechanics. Sales are consistently well over $500,000 with POS records going back to 2000. The shop is open Monday through Friday, only. The business is being sold because of retirement so the tools will be included in the sale.

About the Business

Location:
Philadelphia County, Pennsylvania
Year Established:
1990
Number of Employees:
3
Facilities:
The business was started 28 years ago by Andrew Pemberton and Willie Best. They have an excellent reputation and have loyal customers. The shop has consistent and growing revenues over the years.
Market Outlook/
Competition:
There are 4 or so competitors in the surrounding towns but with Andy and Willie's customer base there is not a problem at all.
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About the Sale

Reason For Selling:
retiring
Training/Support:
3 weeks

Listing Info

ID:
1578462
Ad Detail Views:
0

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Business Listed by

Richard Collins

TransWorld Business Advisors

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