Seller Financing Available
Gross Revenue: $698,000
* not included in asking price.
Profitable Auto Repair Center – Be Your Own Boss
Contact Art Blumenthal on over 500 auto repair businesses
Are you looking for an amazing opportunity to purchase an AAA certified independent auto repair center with annual sales that have averaged nearly $700,000 for the past three years? This profitable business has averaged over $160,000 in cash flow, affording an owner/operator an excellent salary after debt service. The Business is well established with over 60 years of goodwill, an excellent reputation for honesty, outstanding customer service and positive Internet reviews. The Business comes complete with the state-of-the-art equipment required to run a domestic and import auto repair business, including smog test and repair, brakes, oil change, engine performance, electrical, steering and suspension, starting and charging, heating and cooling, light truck diesel, and hybrids. The 6,000 square foot building has 8 service bays (5 lifts), with room for parts storage, a customer reception area and plenty of parking. Experienced, long term ASE certified technicians will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide extensive training and support during the transition period. The Asking Price for this profitable Business is $285,000 plus $5,000 in inventory. The Business is pre-qualified for 85% Bank/SBA financing for 10 years @6%. The Seller is motivated to retire after building a successful business over three decades. The building lease has recently been extended with over 12 years of renewal options at an attractive rent and minimal increases. With a great reputation for quality, convenience and trusted service, this Business offers a Buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community.
This opportunity is being offered through Empire Business Solutions - DRE#01488246.
Inventory: Not included in asking price
Facilities: Immaculate and well organized 6,000 square foot building with 8 service bays (5 lifts), parts storage areas, customer reception area and 20 parking spaces. Fully equipped for a wide range of domestic import automotive repairs and preventive maintenance.
Competition: Honest, personalized service has enabled the business to gain new customers while retaining its long term loyal clientele.
Growth & Expansion: Local owner/operator could grow the business with expanded hours and leveraging social media.
Financing: Pre-qualified for 85% bank/SBA financing for 10 years
Support & Training: Seller will provide a minimum of 2 weeks of training at 30 hours/week and additional telephone support to ensure a smooth transition. With Seller training and an experienced crew, no prior automotive background is required.
Reason for Selling: Long term Owners wish to retire
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