Profitable Independent Auto Repair Center
Business Description
Are you looking for an amazing opportunity to purchase an auto repair center with average sales for the past three years of $932,000 and an average Cash Flow of $230,680, affording an active owner-operator an outstanding salary after debt service? Located in a scenic coastal area of Ventura County, the Business is well established with 20 years of goodwill, an excellent reputation for customer service, and a loyal clientele. The Business comes complete with well-maintained equipment for a full-service auto repair business, including brakes, lube-oil-filter, engine repair and diagnosis, hybrid service, steering and suspension, starting and charging, heating, and cooling, and air conditioning.
The prototype 12-bay shop is 4,248 square feet and includes room for storage, ample parking, a private office, and a customer waiting area. An experienced crew of three Technicians and a Service Advisor will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period. The Seller wishes to retire after twenty years of operating a successful auto repair center.
The Asking Price for this profitable Business is $395,000, plus $10,000 in inventory. The Business may qualify for 90% Bank/SBA financing, so a down payment of approximately $45,000 will be required from a qualified Buyer. Alternatively, Seller financing may be offered at mutually agreeable terms.
With 4.8-star Google reviews, a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business near the beautiful Pacific coast.
The prototype 12-bay shop is 4,248 square feet and includes room for storage, ample parking, a private office, and a customer waiting area. An experienced crew of three Technicians and a Service Advisor will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period. The Seller wishes to retire after twenty years of operating a successful auto repair center.
The Asking Price for this profitable Business is $395,000, plus $10,000 in inventory. The Business may qualify for 90% Bank/SBA financing, so a down payment of approximately $45,000 will be required from a qualified Buyer. Alternatively, Seller financing may be offered at mutually agreeable terms.
With 4.8-star Google reviews, a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business near the beautiful Pacific coast.
About the Business
- Years in Operation
- 20
- Employees
- 4 Full-time
- Facilities & Assets
- Well-organized 4,248 square foot facility with 12 service bays and 6 lifts -- capable of doubling sales. Fully equipped with the latest technology for a wide range of auto repairs, diagnostics, and preventive maintenance services for diverse brands of import and domestic cars and light trucks. Current rent is $4,000/month.
- Market Outlook / Competition
- Honest, personalized service and consistent five-star Internet reviews have enabled the Business to gain new customers while retaining its long-term loyal clientele.
- Opportunities for Growth
- Local owner/operator could grow the business by leveraging social media, expanding hours, increasing staff, and pursuing fleet business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,248
- Rent
- $4,000.00 per month
About the Sale
- Seller Motivation
- Retirement after 20 years in the Business
- Transition Support
- Seller will provide a minimum of 2 weeks of training at 30 hours/week and additional three months of telephone support to ensure a smooth transition.
- Financing Options
- May qualify for 90% Bank/SBA financing or Seller financing
Listing Info
- ID
- 2498898
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2498898 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.
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