Services - Auto Repair, Parts & Svcs

Asking Price	$129,000	Inventory	$5,000*
Gross Income	$418,622	Real Estate	$299,000**
Cash Flow	$103,623	Year Established	1991
FF&E	$115,000*	Employees	4

* included in the asking price

** not included in the asking price

This business is an established, profitable full service automotive repair center located in South Central Virginia. The business has grown due to the honest, thorough work performed for their customers. Virtually all types of services are provided including tire sales and installation, state inspections, front end work and alignment, computerized engine diagnostics, transmissions, air conditioning, batteries, steering, tune ups, and oil changes. Most business is secured through customer referrals as a resulf of the excellent reputation this service center has built. The Business was established in 1991 and has grown to be the only full service repair center in its market. Current ownership purchased the business in 2004 and continued the business' tradition of quality service. The market area is undergoing an economic resurgence with many new businesses moving to town. This is reflected in higher 2007 revenues and offers excellent potential for future growth. The 3,760 square foot facility with five work bays, located on 1.69 acres is also available for sale for $299,000. This is a great opportunity for someone to own an established, well known automotive service facility with an extensive customer list and great reputation.

Facilities: Five service bay, 3,760 square foot garage with office and customer reception/waiting area, located on 1.69 acres with plenty of room for expansion. Real estate is owned by the seller with the business currently paying $2,835/month rent.

Competition: Only full service automotive repair and tire shop in its market area.

Growth/Expansion: Business is currently turned away due to owner health issues. Revenue increases possible with working owner and additional mechanics.

Financing: Business is SBA pre-approved.

Support/Training: Seller will train at current salary for a reasonable transition period.

Reason Selling: Health reasons