Seller Financing Available
Cash Flow $150K, $550K in Assets Debt Free.
36 Yr. Old 13 Bay 4X4 Niche Auto Shop, Includes $550K in Assets.
4 Wheel Drive Auto Repair Shop, $550K in Assets, North Denver, 2014 is Up Sharply
Sales Price: $400,000.
We Cash Flow almost $160Kyear.
2014 WILL Cash Flow over $150K, says the owner.
This business sale includes: over $550K in total assets. Please call for comprehensive asset list and a recent balance sheet. The buyer will receive all assets debt free.
COMPLETELY DEBT FREE!
The owner is a second generation owner and is committed to make this sale very successful and stay on for however long it takes to optimally transition to the new owner.
Please email firstname.lastname@example.org or call Paul at 303-382-1900 for a comprehensive sales packet with the past 5 years of financials and tax returns, and a detailed 40 minutes video interview with the owner and a full site walk-through. We can immediately email the sales packet.
WE ARE THE BEST AUTO CARE CENTER IN COLORADO!! Our 4 X4 Niche is Solid in Good Times and Bad Times. We are a full-service auto repair company: We are VERY unique in our niche industry in that we SELL retail parts and we do comprehensive AUTO REPAIR, concentrating on 4 X 4 vehicles of all models. Very few auto businesses do BOTH. This is the reason we enjoy the great profits that we do year-after-year. "There is much more money to be made in repairing vehicles, than there is in accessorizing vehicles, but if you can do both, the profits are even greater", the seller states. There really isn't anyone who can do the work we do and sell the retail parts we have for 4 X 4 vehicles, in our entire market or at least a 20 mile radius. We have held a lock on this industry and market for almost 40 years now.
We Specialize in 4 X 4's and Our Services Include: oil changes, maintenance, drive train/transmission, engine repairs and recomplete rebuilds, alignments, steeping and suspension, brakes, diagnostics, tire sales, used vehicle inspections, cooling systems, safety features, and offer full service, and fleet solutions for our larger long-standing customers.
We have been highly profitable for every year in operation for 39 years. For many years we have an enormous amount of drive-by traffic at our location. The drive-by traffic in front of our location is expected to explode in the coming years due to a road expansion which may double the passer-by traffic, which will help grow our location greatly.
We have substantially more work available to us than we can handle because of our great reputation. Currently, we have 13 bays. Unfortunately, we have had to turn down work every day; high margin, and very profitable work.
The seller insists that a new owner can easily get the cash flow to $250K-$400K/year once we hire more technicians. The seller states that we have "excellent SYSTEMS" in place. "The systems run the business, and the people run the systems". Also, we have spent almost $100K on the most advanced state-of-the-art software, frame alignment and computer systems to streamline ever procedure in our operation. All the kinks have been worked out. If the buyer puts down $400K at closing, they will invariably get at least 1/2 that amount back every year for the next 10 years, assuming no growth. If sales double in the next 3-4 years. This is now a fully turn-key operation at this stage.
"We have a great niche in auto repair and retail auto parts in one of Colorado's best markets", the seller states. We have the largest auto 4 X 4 auto shop and we have almost NO competition. We have 14 great employees that have been with us for an average of 8-10 years and we have 2 of the most efficient and state-of-the-art facilities to service cars and trucks in. We have invested heavily into the finest equipment in the auto industry.
The current owner works just part-time because he is semi-retires and owns another business and has other personal interests. In addition to expanding the number of operating bays, another way to dramatically increase the gross sales and cash flow is to "squeeze" the current operation. What we mean here is that the seller knows that because he is not there full time, he knows that the techs and front office staff is not working to capacity. He feels that the shop techs, for example, are operating at approximately 60% of their potential capacity. In short, a new owner who is full time would expect more and push them harder, thus increasing volume. In addition, for over 30 years now we have NOT been open on the weekends, or after 4:30PM. WHY?.. If we have a much greater demand for work than we are taking on, why NOT take on more work through expanding hours in a week beyond just 40? The new owner can immediately add shifts during the work week and also work Saturday and/or also Sunday. As stated, almost 30% of our total operating costs are fixed, i.e., rent, insurance, etc. So once you hit approximately $1.2MM or so, a great portion of the incremental gross sales falls to the bottom line in profits. Thus $2MM in sales would invariably cash flow approximately $500K/year. "Squeeze the existing shop capacity before you construct the expansion, the seller says. AND the workers are always looking to make more money and then we will not have to turn down work from our long-standing customers, who get disappointed when we have to put them off.
In terms of a new owner with more passion, we already have or can build the capacity to handle over $2.5-3MM/year as stated above, the seller insists. Today, we just need someone who wants to get the sales up to capacity. We have "everything" in place. The new owner needs nothing other than the talent and the vision for growth. We need to immediately hire 2 more techs/mechanics, then we will then have all the equipment, inventory and techs to handle $2MM/year...The buyer needs no specific mechanical experience or licensing.
Our people: We have 5 seasoned technicians that have been with us for many years who can perform any shop work. You are "as good as your people".. And we have the best, they just need full time leadership and to be pushed. It took years to hand-select these people and train them.
The seller is committed to make this transaction largely performance driven and seeks a win-win structure that motivates both the buyer and seller to grow the company going forward. Again, $400K and the buyer gets over $550K in high-tech equipment and inventory, AR and Cash, forgetting about the incredible value of a business that generates almost 160K/year in cash flow.
Disclaimer: All information regarding businesses for sale is provided by the Seller and is NOT verified in any way by the Broker. You understand and agree that Company Broker Group, LLC or Paul Olsen is not responsible for the accuracy of any of the information and you agree to indemnify and hold Broker and its agents harmless from any claims or damages which may occur by reason of the inaccuracy or incompleteness of any information provided to you. The Broker makes no representation or warranty, express or implied, about the accuracy or completeness of any information provided to the Buyer through the broker.