Pierce County Auto Repair with Real Estate

Pierce County, WA

Seller Financing Available
Auto repair shop for sale

Asking Price:$695,000

Cash Flow:$49,615

Gross Revenue:$492,970

EBITDA:N/A

FF&E:$49,193

Inventory:$3,000*

Real Estate:$600,000

Established:2001

*not included in asking price.

Pierce County Auto Repair with Real Estate

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Business Description

This is an established auto repair shop in Pierce County, WA. The asking price includes both the business and real estate. The business and property must be purchased together as a package. Established since 2001, the business performs a full range of auto repair services such as oil changes, preventative maintenance, mechanical repair, electrical repair, brakes, HVAC services, etc. In addition, the business also does tire sales, towing, and some car sales. There are currently 4 full-time automotive technicians. The owner works approximately 40 hours a week, 10 of which are spent working on cars and the rest spent on general management. The car count is approximately 38 cars per week, and the average RO is approximately $206. The owner is selling due to his desire to move to a warmer climate. This is an excellent opportunity for an experienced individual to take over an established auto repair shop, grow it to the next level, and enjoy the equity buildup that comes with owning the real estate long term.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
4 full-time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There are two different buildings that are connected with approximately 6,500 square feet total. The shop has 5 bays – all are 12 feet high. Four of the bays are 10 feet wide, and one bay is 12 feet wide with electric openers and remotes. The back section has 2 additional bays – one is a paint booth with ventilation system. Another part of the building was a motorcycle repair shop and is currently rented for storage. There are approximately 30 parking spots. Two loaner vehicles are included in the sale price.
Competition:
Located in a small town in Pierce County, this auto repair center is one of the major players in town. In the last 15 years, the owner has worked hard to build an excellent reputation and loyal customer base. The building is well maintained.
Growth & Expansion:
The owner has done very little advertising. The business does not have a web site. There is always demand for auto repair services because people need cars to get to work. This business could be grown to the next level with a new owner who puts fresh energy and effort into marketing.
Financing:
Seller financing negotiable. Broker can assist buyer in obtaining bank financing.
Support & Training:
The seller is willing to train. Details negotiable.
Reason for Selling:
Owner wants to spend half the year living in a warmer climate.

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Aaron Muller

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Aaron Muller

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