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The Wall Street Journal Online

Auto Repair Shop-Two Bays

New Haven County, Connecticut

Photo Available
Asking Price:
$69,000
Gross Income:
$190,000
Cash Flow:
$81,000
EBITDA:
N/A
FF&E:
$60,000.00 *
Inventory:
$1,000.00 *
Real Estate:
N/A
Year Established:
1987
Employees:
0
Business Type:
Auto Repair, Parts & Services

* included in the asking price

Business Description

Business is an ideal two person auto repair shop. Located in busy area in stand alone building. Rent is $1,300 per month in 1,100 sq.ft. Lease expires in 2015 Equipment includes two 10,000 lb. above ground lifts, engine analyzer with four gas emissions, four wheel alignment computer, 2 air conditioning recycling machines R-12 & R-34., brake lathe, clean burn oil furnace, tire machine and dual trace lab scope plus other shop and office equipment.Owner has owned this business for 20 years in three different locations and has a strong following. This is a good opportunity for two mechanics to take possession of a profitable shop.

Detailed Information

Facilities:
Facility is a two bay garage with 1,100 sq.ft. and two above ground lifts. Ceilings are approximately eleven feet high. Business is a completely equipped shop.
Competition:
Business has been in operation for over 20 years, has an excellent reputation and experiences increasing sales even in a slow economy. This reputation will be transferred to a purchaser with comparable automotive and management skills.
Growth/Expansion:
Shop is set up as a two person facility. There is ample space to generate sufficient sales for two individuals to make acceptable incomes.
Support/Training:
Owner will provide necessary training.
Reason Selling:
Owner is considering a move to Florida.
Contact Seller

Broker Information

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Business For Sale Listed By

Bob Capozzi
VR Business Brokers/Venture Group Partners
203-878-0554

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Ad#: 272773

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