Two Auto Repair Shops | Loyal Customers & Growth Potential
Business Description
Acquire two established auto repair businesses in south central Pennsylvania, offered together for $1,500,000.
The seller reports approximately $2 million in combined annual revenue, a customer base of more than 6,000, and a strong local reputation supported by repeat business and word-of-mouth referrals. This opportunity combines existing operations, managers in place, and capacity for further growth.
OPERATIONS
The owner currently works in a mostly absentee capacity, with managers providing daily sales reports and the owner available for occasional problem-solving. A camera system enables remote monitoring and will transfer to the buyer. The businesses have seven employees across the two locations.
FACILITIES & EQUIPMENT
Each location occupies approximately 5,000 square feet of leased space. Current monthly rents are $3,833 in first location and $2,500 in second location. Both landlords are aware of the proposed sale and are prepared to enter into new leases.
The shops are equipped with lifts, tire machines, wheel balancers, computers, tools, and inventory. Additionally, each location is equipped with a dual AC machine. First location includes six lifts and an alignment rack. Second location has five lifts, including two owned by the seller and three provided under the lease. Seller-owned shop equipment and assets are included in the sale; use of landlord-provided equipment is subject to lease terms.
GROWTH OPPORTUNITY
The seller identifies additional capacity at both locations along with room for another technician at the second location. A buyer can build on the existing customer base, referral activity, and available shop capacity to pursue further growth.
PRICE & TRANSITION
The asking price is $1,500,000 for both businesses. Seller financing is available with a $1,000,000 down payment, with remaining terms to be negotiated. Transition support and training are available at a separately negotiated rate. The seller is pursuing a move into auto sales.
Contact Vertical Development Group to learn more about this confidential offering. Business identity and specific locations are withheld to protect the seller's confidentiality.
The seller reports approximately $2 million in combined annual revenue, a customer base of more than 6,000, and a strong local reputation supported by repeat business and word-of-mouth referrals. This opportunity combines existing operations, managers in place, and capacity for further growth.
OPERATIONS
The owner currently works in a mostly absentee capacity, with managers providing daily sales reports and the owner available for occasional problem-solving. A camera system enables remote monitoring and will transfer to the buyer. The businesses have seven employees across the two locations.
FACILITIES & EQUIPMENT
Each location occupies approximately 5,000 square feet of leased space. Current monthly rents are $3,833 in first location and $2,500 in second location. Both landlords are aware of the proposed sale and are prepared to enter into new leases.
The shops are equipped with lifts, tire machines, wheel balancers, computers, tools, and inventory. Additionally, each location is equipped with a dual AC machine. First location includes six lifts and an alignment rack. Second location has five lifts, including two owned by the seller and three provided under the lease. Seller-owned shop equipment and assets are included in the sale; use of landlord-provided equipment is subject to lease terms.
GROWTH OPPORTUNITY
The seller identifies additional capacity at both locations along with room for another technician at the second location. A buyer can build on the existing customer base, referral activity, and available shop capacity to pursue further growth.
PRICE & TRANSITION
The asking price is $1,500,000 for both businesses. Seller financing is available with a $1,000,000 down payment, with remaining terms to be negotiated. Transition support and training are available at a separately negotiated rate. The seller is pursuing a move into auto sales.
Contact Vertical Development Group to learn more about this confidential offering. Business identity and specific locations are withheld to protect the seller's confidentiality.
About the Business
- Years in Operation
- 3
- Employees
- 7 Full-time
Total of 7 employees across two locations with room for 1 more technician - Facilities & Assets
- 1st location has 6 lifts plus alignment rack and tire machines and wheel balancer plus a lot more. 2nd location 5 lifts two are owned 3 came with lease along with tire machine and wheel balancer plus inventory and timing tools. All shop assets will transfer upon sale.
- Market Outlook / Competition
- Seller feels the market opportunity is strong considering how both locations are tracking. There is certainly competition in this industry however building on the strong foundation and continuing the platinum-level service that this automotive service group is known for will be key.
- Opportunities for Growth
- The seller identifies additional capacity at both locations and the market continues to be strong in south central Pennsylvania. A buyer can build on the existing customer base, referral activity, and available shop capacity to pursue further growth.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $6,333 per month
About the Sale
- Seller Motivation
- Seller is transitioning to auto sales
- Transition Support
- Training and support is negotiable.
- Financing Options
- Seller financing available with down payment of $1,000,000
Listing Info
- ID
- 2553819
- Listing Views
- 7
Listing ID: 2553819 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 SalePennsylvania Businesses for SalePennsylvania Auto & Automotive Businesses for SalePennsylvania Auto Body & Repair Businesses for Sale
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