Sky Valley Auto

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Great opportunity for Established shop includes the Real Estate
Asking Price:
$1,450,000

Gross Revenue:
$400,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$30,000
included in asking price

FF&E:
$180,000
included in asking price

Real Estate:
$1,100,000
included in asking price

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Business Description

Profitable automotive business with real estate included. The Auto Shop has been in business for 50 years. Current owner has owned & operated the shop for the last 23 years. Over the years Sky Valley Auto has created a loyal following of customers from Monroe, Sultan, Start Up and Gold Bar. With all the new construction in Monroe and Sultan the business is sure to increase. Currently the shop is booked out at least a month in advance. Sky Valley Auto has started to do restoration of vehicles. This has been a profitable addition to the shop. The shop has the equipment to fix almost anything on most vehicles with the exception of bodywork and paint.
Seller is willing to carry a small contract for the shop. Contact Broker for more details.
Shop has two 2 bedroom apartments above the shop that have been easy to rent. Current rents are $900/month and $1000/month. The apartments are 900 SF and 1000 SF.
The seller poured foundation walls in the back of the building when the shop was expanded in 2011. If the new owner is looking to expand the beginning stages are ready to go.

About the Business

Year Established:
1968
Number of Employees:
7
Real Estate:
Owned
Building Sq. Ft.:
6,540
Facilities:
Large facility with 3 bay doors, side yard, 7 hoists, everything you need to have a successful auto shop. Two 2 bedroom apartment units above the shop that are easily rented.
Market Outlook/
Competition:
Limited competition in town. 2 other auto shops. Located only 6 miles from Monroe. Popular place. Many locals have their vehicles serviced here
Growth & Expansion:
Sultan is experiencing a growth spurt. 500+ new home permits. The town is expanding. Owner currently has a 2 week back log of work. Very popular and established auto shop. Room to expand the business.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller willing to train new owner on day to day operations.
Seller Financing:
up to $300,000

Listing Info

ID:
1375584
Ad Detail Views:
1315

Attached Files Attachment Disclaimer

  Business Info Sheet (707 KB)
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Business Listed by

Aaron Zehm

Windermere real estate

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