36987 - Auto Repair, Full Service Car Wash, Retail Tires

South East

Seller Financing Available
36987 - Auto Repair, Full Service Car Wash, Retail Tires

Asking Price:$1,500,000

Cash Flow:N/A

Gross Revenue:$783,000

EBITDA:$17,161

FF&E:$585,000

Inventory:$130,000

Real Estate:$625,000

Established:1999

36987 - Auto Repair, Full Service Car Wash, Retail Tires

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Business Description

This east Virginia business is a car wash and much more. In addition to offering full-service car washes, they also offer retail tires and auto repair and maintenance. With their ideal, high traffic location, this business attracts a lot of customers, especially in the winter months. Repair services include oil and air filter changes, fuel injection related services, tire and muffler sales, installations and services. Whatever your automotive needs are, whether it s a wash or a tune-up, they can take care of you. They offer great, professional work, affordable prices and wonderful customer service. They have a reputation for quality products and friendly service. Cash flow available upon request.

This successful business was started in 1999 with the current ownership. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. After years of hard work and loyal customers standing true throughout the years, the current owner is ready to retire and let a new owner take control. Out of their total revenue, 30% comes from car washes, 50% comes from auto repair and maintenance, and the other 20% from tire sales. There is plenty of opportunity for growth in this company with many possible avenues of expansion. With a great location on a prime piece of real estate, stable revenues, and an established reputation, this is a great opportunity for an assertive new owner. For more information on this listing, contact us today. Equipment and inventory included in the sale, more details available upon inquiry.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located on a .5 acre lot on a prime piece of real estate with high visibility in the surrounding area. There is a self-serve car wash separate from the 3 bay auto repair facility. The shop area is approximately 1,000 sq ft and the office area is around 200 sq ft. Property included in the asking price, lease separation negotiable.
Competition:
80% repeat clientele. Customers choose this business because of their high visibility location and their great reputation. Their location makes it convenient for customers to stop by for a car wash or any other maintenance. Having a good reputation in the community makes customers trust this business for their automotive repairs and maintenance.
Growth & Expansion:
There are countless growth opportunities for this business. Creating a company website would give the company more recognition in a wider area. More aggressive advertising would bring in more customers. In addition, staying open on Sundays would easily bring in more profit. Some additional sources of revenue that could be added include stereo installation, window tinting, detailing, and installing breathalyzer interlocks for DUI offenders.
Financing:
Negotiable up to: 20.00 %
Support & Training:
Key employees will most likely stay after sale. Owner available for reasonable transitioning.
Reason for Selling:
Approaching retirement

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