Northeastern CT Full-Service Auto Repair Shop for Sale!
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Seize this rare opportunity to own a longstanding, highly profitable auto repair and tire business in Tolland County, CT — complete with a multi-family rental property and room to expand!
This established 4-bay, 4-lift shop has built a stellar reputation over three decades for quality, reliability, and customer trust. The business has a used car dealer license and is an authorized repair facility for Enterprise Fleet Management and Element Fleet Management Corp., a testament to its strong commercial relationships and consistent work volume.
The property has additional land, providing flexibility to expand operations, add service bays, or increase storage and parking — a major upside for future growth.
Adding to its appeal, the site includes a two-family residence generating approximately $4,500 per month in rental income, creating a powerful combination of operating business and passive real estate revenue.
Don’t miss this unique opportunity to acquire a profitable, turnkey automotive business with built-in real estate and income diversification.
This established 4-bay, 4-lift shop has built a stellar reputation over three decades for quality, reliability, and customer trust. The business has a used car dealer license and is an authorized repair facility for Enterprise Fleet Management and Element Fleet Management Corp., a testament to its strong commercial relationships and consistent work volume.
The property has additional land, providing flexibility to expand operations, add service bays, or increase storage and parking — a major upside for future growth.
Adding to its appeal, the site includes a two-family residence generating approximately $4,500 per month in rental income, creating a powerful combination of operating business and passive real estate revenue.
Don’t miss this unique opportunity to acquire a profitable, turnkey automotive business with built-in real estate and income diversification.
About the Business
- Years in Operation
- 31
- Employees
- 5 (5 Full-time)
1 Lead Technician, 2 General Service Technicians, 1 Receptionist, 1 Owner - Facilities & Assets
- Equipped for full-service auto repair with 4 bays and 4 lifts. Has a used car dealer license. Shop has 2,850 sq. ft. There is also a Two Family residence on the property that generates ~$4,500 per month in rental income. The residence has 2,255 sq ft (1st floor 595 sq ft, 1bd, 1 bath ; 2nd floor 1,660 sq ft, 3bd, 1 bath)
- Market Outlook / Competition
- The business sits in a high-volume traffic spot with 20,600 annual average daily traffic count, and is the leading repair facility for the town and area. They are an authorized repair facility for Enterprise Fleet Management and Element Fleet Management Corp.
- Opportunities for Growth
- Space behind the existing facility to expand capacity or increase vehicle storage and parking.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,155
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will train up to 12 months
- Financing Options
- Dwn Pmt $450k, Loan $1,35M, Int. Rate 7.125%, 20yr $10,568/mo,-$4.5k rent income
Listing Info
- ID
- 2433374
- Listing Views
Listing ID: 2433374 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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