43721-JF Established Auto Repair Shop with Property in Henrico, VA

Henrico, VA (Henrico County)

Seller Financing Available
43721-JF Established Auto Repair Shop with Property in Henrico, VA

Asking Price:$749,000

Cash Flow:$76,297

Gross Revenue:$345,883





43721-JF Established Auto Repair Shop with Property in Henrico, VA

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Business Description

This repair facility was established in 2002 and purchased by the current owner in 2005. The business specializes in front end work but performs general auto repair and maintenance tasks and has developed a great local following. The facility is approximately 4,000 square feet with generous parking and outdoor space. Great visibility for drive-by traffic.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is a corner location on busy area thoroughfare with easy access on two sides. There are 4 bays, 3 lifts as well as tire changing equipment with good parking. This is a great corner piece of property included with the sale. $60,000 of FF&E, $10,000 of Leasehold improvements and $5,000 of inventory are also included.
This business specializes in front end work. The owner has over 30 years’ experience in identifying, diagnosing and repairing alignment and front end issues. Competitors refer difficult front end related issues to this business for a satisfactory resolution. This business is also zoned to be able to perform repair work outside.
Growth & Expansion:
Historically customers have been attracted by location and word of mouth. They have been retained by the quality of service. There is great room for growth. The business could be grown with the implementation of an effective marketing program and additional employees. This is a prime location in Henrico County on busy major road with easy access to interstates.
Support & Training:
4 weeks
Reason for Selling:
Other interests

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Transworld Business Advisors CEO, Rupesh Bharad

Business Listed By:
Transworld Business Advisors CEO, Rupesh Bharad

Transworld Business Advisors of Richmond VA

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