Auto Service Station

Hardeeville, SC (Jasper County)

Seller Financing Available
Auto Service Station

Asking Price:$895,000

Cash Flow:$140,000

Gross Revenue:$1,039,597




Real Estate:$550,000


Auto Service Station

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Business Description

Want to be your own boss, want to own the business and the property? This full service auto repair business is in a fabulous location and shows consistent revenue and cash flow.

You don’t need to be a Mechanic:

You don’t have to be a mechanic to own an auto repair shop. Much of the repair business involves maintenance work and minor repairs for which there are many auto mechanics who can do the work.

For the owner, good business management skills are more important. Classes in auto repair shop management are readily available.

If you are a business buyer looking for an affordable, profitable business to own and run, consider an auto repair shop.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Six (6) bays auto repair and maintenance business with gas station. Owner's pay $24K in rent to themselves. This amount can be added to the $140,000 cash flow as it would be available toward acquisition of the building and property. Owner willing to finance building and property. 4 Bays facing the front and 2 bays in rear of the building. Building 6200 square feet Property 0.75 acres Space available in the building that could be a convenience store or warehouse storage rented to someone for extra income.
Location makes this a consistent money maker with the following business mix; 31% gasoline & oil, 12% tires, 22% parts and labor 34%. 41 years successful operation with outstanding reputation. Positive Competitive Landscape: Unlike many brick and mortar businesses, auto repair shops have not been replaced by internet businesses. This industry also faces little consolidation. While major auto dealers offer repairs, their market share has been shrinking. One reason for this is that auto dealers charge significantly more for auto repair work than do small car repair shops, and a Consumer Report survey found that customers who go to independent auto repair shops report a higher satisfaction level than those who visit an auto dealer for repairs. The independent market is highly fragmented and the typical auto repair shop may have just two to five employees.
Growth & Expansion:
Strong Industry Outlook There are several trends which show that the outlook for independent auto repair shops is excellent. For one thing, the number of cars on the road continues to grow. It is estimated that there are over 247,000,000 vehicles registered in the United States and that number increases annually. With just a few exceptions, the number of cars has increased over 3.5 million each year since 1960, and there is nothing to indicate that this trend will change. Another factor includes the extended life of today’s automobiles. In the past, cars were frequently traded in before they reached 70,000 miles, but improved technology has significantly lengthened the life of most automobiles, and it’s not uncommon for owners to continue driving a car with has more than 100,000 miles on the odometer. The increased age of these vehicles creates a corresponding increase in the need for repairs and on-going maintenance. During the recent recession the average number of miles driven by Americans has been stagnant. Families struggling with unemployment or underemployment issues are less likely to drive on vacations or non-essential trips, but as the economy improves industry forecasters are predicting a steady increase in the number of miles driven. In fact, the US Energy Information Administration (EIA) is predicting that the number of car miles driven annually in the US will increase from 2.6 trillion in 2011 to 3.6 trillion in 2035; an annual growth rate of 1.2 percent. These facts all point to a sustained demand for independent auto repair businesses. Opportunity to own the building & property with the business. Plenty of room in the building to add convenience store or other parts business.
Negotiable for Experience Qualified Buyer
Support & Training:
Sellers will negotiate a successful training and transition plan. Limited Shop Hours: Another reason to buy an auto repair business is that the owner still has time for a personal and family life. Most car repair shops operate during business hours Monday through Friday and are only open until noon on Saturday.
Reason for Selling:
Owner is Retiring

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Cecil Dye

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Cecil Dye

Sunbelt Business Brokers

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Thomas J. Conroy

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