Well Established Independent Auto & Light Truck Repair Shop

Asking Price$825,000

Cash Flow
$353,037
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$825,000

Inventory$60,000
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$1,100,000
Not included in asking price
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Well Established Independent Auto & Light Truck Repair Shop


Asking Price$825,000

Cash Flow
$353,037
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$825,000

Inventory$60,000
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$1,100,000
Not included in asking price

Seller Financing Available
Business Description
Former Pontiac Dealership building on a prime location on downtown corner. Excellent location visibility. We are the only independent auto repair shop in town, population 16,000.. We have room for expansion or compatible business. Building and grounds have been well maintained and have a good "curb appeal" .We have invested in good quality equipment & tools and kept them maintained. Our customer base is loyal and dedicated because of the excellent reputation we have built and my promise to them that I will only pass this business on to someone who will continue with our level of customer care. This will make the turn over much smoother and ensure the new operators a solid launch and profitable future.
About the Business
Years in Operation
32
Employees
3 (3 Full-time)
Facilities & Assets
This building was built in 1949 as a Pontiac Dealership. It sets on 2 tax lots 100'x100' & 50' x100'. The building is 5500 sq ft with parking space in front and the rear secure storage lot is 75' x 100'. The rear storage lot is chain link fenced and acceptable for Washington State RTTO (Registered Tow Truck Operator) secure storage. The roof, building paint & front parking lot pavement are 4 years old. We have 5 working bays, 3 Grote lifts,. 3 year old Mini Split heat/ac for our 25'x25' Office & waiting room. Shop has 4 year old Reznor waste oil heat.
Website
https:www.bobsautoinc.com
Market Outlook / Competition
We are located on a prime downtown corner in one of Washington's fastest growing cities. Current population is approximately 16,000, with new subdivisions filling up as fast as they can be built. Currently the town has 2 auto repair shops ours & a new Les Schwab. Having been in business at this location for 31 years, we have a strong & dedicated customer base and an excellent reputation. Look at our Sure Critic Reviews.
Opportunities for Growth
We have 2 fleet customers,, Washington State Department of Fish & Wildlife & we just picked up Ilanai Casino's facility vehicles. It would be possible to establish a companion Tow Company, the rear parking/storage lot is acceptable for Washington Registered Tow Truck Operator's secure storage. There is also a 4 room upstairs office/apartment area.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,500
About the Sale
Seller Motivation
16 yrs military, 32 yrs in business, my health & age, it's time to retire.
Transition Support
Owner will provide 30 days of onsite turnover training & 60 days on call phone support..
Financing Options
Owner is willing to carry, with downpayment
Listing Info
ID
2424681
Listing Views
43

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Business Listed by: BOB FORD

Listing ID: 2424681 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.